Development of China's Economic Relations in East Asia

摘要

The study examines the recent changes in the economic relations of China and its neighboring Chinese territories Hong Kong and Taiwan, and South Korea, to predict the development in the 1990s and to analyze the impact of the changes to foreign operations in the region. There are basically two matters that affect the economic relations: the political development inside a country or a territory, and the economic development of the country or the territory. Thus, the analysis starts with the description of the development in politics and economy. The outcome of the analysis already reveals some of the changes, opportunities and threats to foreign companies operating there. A further analysis shows how companies can benefit from a warm-up in political and economic relations and where they should still be cautious. The study suggests how to make the best use of regional strengths and how to manage the region as a whole. The report presents a previously non-published dynamic model of the development of external economic relations and the development of the economies involved in the study.