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Expanding trade with East Asia’s "Big Three" economic giants - the People's Republic of China (PRC), Japan, and the …
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investment drop-off, in particular competitive pressures from the People's Republic of China and heightened risk and uncertainty …
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The paper argues that East Asian regionalism is fragile because (i) each nation's industrial competitiveness depends on the smooth functioning of "Factory Asia" - in particular for intraregional trade; (ii) the unilateral tariff-cutting that created Factory Asia is not subject to WTO discipline...
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