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Full Description
In an era of increasing geopolitical turmoil, this book looks at the impact of geopolitics on global supply chains and examines the role of China in East Asia's regional economic integration.
It evaluates the impact of geoeconomic fragmentation along different dimensions such as trade, FDI and capital flows, and provides insights into different industries and sectors where trade and investments are increasingly being reallocated and reshuffled. The book further explores how geopolitics may accelerate the internationalisation of China's renminbi, which herald significant implications for the international monetary system. As geopolitical tensions arising from the US-China trade war continue to persist, the global semiconductor industry has also become the epicentre of US-China strategic rivalry, placing immense strain on its fragmented, global value chain. This book analyses the implications of this intensifying technological rivalry for East Asia, including the ASEAN economies.
This book will be of interest to scholars and students of Asian economics, international trade, and geoeconomics. Policymakers searching for insight into Asian trade and financial markets may also find this book useful.
Contents
CHAPTER 1. IS A CHINA-CENTRIC ASIAN PRODUCTION NETWORK STILL IN EXISTENCE?
CHAPTER 2. ASEAN AND CHINA: SHIFTING TRADE DYNAMICS AMID
US-CHINA TRADE RIVALRY
CHAPTER 3. INTERNATIONALISATION OF THE RENMINBI: DRIVEN BY GEOPOLITICS OR ECONOMICS?
CHAPTER 4. GEOPOLITICS AND GLOBAL VALUE CHAIN IN EAST ASIA (I): THE CASE OF THE SEMICONDUCTOR INDUSTRY
CHAPTER 5. GEOPOLITICS AND GLOBAL VALUE CHAIN IN EAST ASIA (II): RIVALRY AND TECHNOLOGICAL COMPETITION
