중국의 동남아 경제협력 현황과 시사점(China and Southeast Asia: Expanding Economic Engagement)

166 Pages Posted: 3 Nov 2017

See all articles by Yoon Oh

Yoon Oh

Korea Institute for International Economic Policy

Minlee Shin

Korea Institute for International Economic Policy

Mi Lim Kim

Korea Institute for International Economic Policy

Sinae Lee

Korea Institute for International Economic Policy

Date Written: October 13, 2017

Abstract

Korean Abstract: 중국은 동남아의 최대 교역상대국이자 주요 투자자로서 역내 경제적 영향력을 크게 강화하고 있고, 일대일로(一帶一路) 전략하에 적극적으로 동남아 인프라 개발도 확대하고 있다. 한국이 중국의존도를 줄이기 위해 동남아 등 다른 지역과의 관계강화를 꾀하는 것과 같이 동남아 역시 중국의존도를 완화하기 위해 경제관계 다각화를 원하고있다. 한국은 이러한 상황에서 동아시아의 전체적 발전을 위해 어떻게 동남아와 상호협력하며 호혜적인 방식으로 협력을 강화할 수 있는지 고민해야 할 것이다.

English Abstract: In the past decade, China has emerged as a key partner of Southeast Asia across trade, investment, and infrastructure development. Southeast Asian economies have significantly benefited from the strong economic growth of China over the years, but the resulting dependency on China has created political and economic vulnerability in the region. The challenge is how to steer these relationships toward more mutually beneficial ones.

Korea needs to respond to the changing economic landscape in Southeast Asia proactively and constructively. China’s deeper engagement in Southeast Asia may place competitive pressures on Korean business interests, yet China’s expanding business networks and China-financed infrastructure improvement are likely to offer more business opportunities for everyone, including Korean firms. Korea needs to make greater efforts in the fields of innovation and productivity enhancement, in addition to paying greater attention to labor and environmental standards compliance in its FDI and infrastructure development, taking lessons from some of the backlashes against China’s investment activities. Finally, Korea and Southeast Asia have mutual interests in diversifying their economic relations away from over-dependency on China, as recent economic and security events have clearly suggested.

Note: Downloadable document is in Korean.

Keywords: China, Southeast Asia, Economic Engagement

Suggested Citation

Oh, Yoon and Shin, Minlee and Kim, Mi Lim and Lee, Sinae, 중국의 동남아 경제협력 현황과 시사점(China and Southeast Asia: Expanding Economic Engagement) (October 13, 2017). KIEP Research Paper No. Policy References 17-05 . Available at SSRN: https://ssrn.com/abstract=3063878 or http://dx.doi.org/10.2139/ssrn.3063878

Yoon Oh (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Minlee Shin

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Mi Lim Kim

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Sinae Lee

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

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