The Current Situation and Challenges of Sino-Japanese Cooperation in the Greater Mekong Sub-region under the RCEP Background
Keywords:
RCEP, Greater Mekong Sub-regional Cooperation, Sub-regional cooperation, Sino-Japanese RelationsAbstract
China and Japan have long been in a general competitive relationship in the Greater Mekong Sub-region, which is mainly manifested in disputes over infrastructure, regional cooperation systems, and regional influence. Since 2018, with the advancement of China's "Belt and Road" initiative, China and Japan have seen new trends in third-party market cooperation in the Greater Mekong Subregion. However, as the strategic competition between the United States and China intensifies, Japan, as a traditional ally of the United States, has gradually changed its basic line of "depending on the United States for politics and relying on China for the economy", and has become more cautious in its economic and trade cooperation with China. The cooperation between China and Japan in the Greater Mekong Sub-region has fallen into a bottleneck period. In January 2022, the Regional Comprehensive Economic Partnership (RCEP) officially came into effect, marking the official landing of the world's most populous, largest economic and trade scale, and most potential free trade zone. The entry into force of RCEP has brought new development opportunities for improving China-Japan economic and trade relations, especially cooperation in the Greater Mekong Sub-region. By sorting out the evolution stages of China-Japan cooperation in the Greater Mekong Subregion, combined with the macro background of the signing of RCEP, this paper finds out the possibilities and limitations of the two countries to carry out the cooperation in the Greater Mekong Subregion in the new era, so as to achieve healthy competition between China and Japan in the region.
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