Influencing Factors and Advancing Procedures for East Asia Financial Cooperation
Fei Zhao-xun
Abstract
Fei Zhao-xun
Abstract
Rapid economic development in East Asia in the 21st century makes East Asia most economically vigorous area in the world, where financial cooperation has been strengthened and reached great achievements. However, financial cooperation still faces a series of challenges, which directly influences the financial cooperation process in East Asia area, including political wills of various countries; super power facilitation; establishment of system framework of financial cooperation; progress of economic integration; and the role of China in East Asia financial cooperation.
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Rapid economic development in East Asia in the 21st century makes East Asia most economically vigorous area in the world, where financial cooperation has been strengthened and reached great achievements. However, financial cooperation still faces a series of challenges, which directly influences the financial cooperation process in East Asia area, including political wills of various countries; super power facilitation; establishment of system framework of financial cooperation; progress of economic integration; and the role of China in East Asia financial cooperation.
Key concepts: East Asia, China, Finance, Politics, Business, Trade facilitation, Economy, Economics