March 7, 2017

Asian Economic and Political Developments (Asian Political, by Felix Chin

By Felix Chin

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Extra info for Asian Economic and Political Developments (Asian Political, Economic and Security Issues)

Sample text

As discussed earlier, the EU‘s involvement in Asian security affairs has traditionally focused on contributing to the region‘s multilateral security activities (ARF, CSCAP, KEDO) and on supporting peace-keeping operations and monitoring missions in the area (Cambodia, East Timor, Aceh, Afghanistan). Moreover, the EU continues to contribute to regional peace and stability by providing humanitarian assistance to war-torn societies and support for the protection of human rights and the spreading of democracy, good governance and the rule of law.

The US is therefore concerned about Europe‘s enmeshing – largely unplanned and lacking any clear political vision – in East Asia‘s strategic balance. ENMESHING INTO EAST ASIA‟S STRATEGIC BALANCE East Asia is a region in flux. China‘s ascendancy is reshaping Asia‘s economic and political power relations in a context where the US remains the security linchpin for Asia while the US-Japan alliance serves as the cornerstone of the US security strategy in the region (Cossa 2005). According to Wang Jisi, Dean of the School of International Studies at Peking University and Director of the Institute of International Strategic Studies at the Central Party School of the Communist Party of China, ‗the general trend in Asia is conductive to China‘s aspiration to integrate itself more extensively into the region and the world, and it would be 4 US Code, Title 41, Chapter 1, Section 50.

What Role for the European Union in Asia? An Analysis of the EU‘s Asia … 15 Sino-European space cooperation will boost the two sides‘ business interests. European industries are eager to collaborate with Chinese companies in space technologies and, more generally, aerospace. Galileo will facilitate European firms‘ entry into the promising Chinese market while it will allow Chinese companies to acquire know-how and advanced space technology from Europe. In this context, building a strategic partnership with China is perceived as being important for acquiring shares of this market and, as such, maintain Europe‘s global competitiveness.

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