China vis-a-vis ASEAN: Competitiveness
and Complementarities
Trade creation between China and ASEAN would be greater if the industrial
structures of the Chinese and Southeast Asian countries were to be complementary
after economic integration. At the present moment, despite the
steady increase in bilateral trade, the degree of integration and interdependence
between the two sides has not increased proportionally. Sino-ASEAN
trade does not account for a significant proportion of each other's total trade.