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On the economic interdependence between China and Japan: Challenges and possibilities
Uppsala University, Swedish Collegium for Advanced Study (SCAS).
2009 (English)In: Asia Pacific Viewpoint, ISSN 1360-7456, E-ISSN 1467-8373, Vol. 50, no 2, p. 198-214Article in journal (Refereed) Published
Abstract [en]

Abstract The paper presents an analysis of the economic relationship between the two most important economies in Asia. Over the last decades, the Chinese and Japanese economies have become more economically interdependent, a development which will, in the long run, impact the countries’ political relationship. The paper seeks to answer the question: How can China and Japan gain from the current economic situation, further enhance their relationship and increase their synergies for regional economic development? Data on trade and Foreign Direct Investment are used in combination with primary data from interviews with Japanese and Chinese companies on how they perceive the current business situation and future potential. The result of the data analysis shows that the countries have much to gain from their economic interdependence. The firms see great potential in their respective markets but are concerned about political turbulence. Three possible scenarios for the future economic relationship are presented, including fierce competition on all markets and a leveraging of resources for mutual development between Chinese and Japanese companies.

Place, publisher, year, edition, pages
2009. Vol. 50, no 2, p. 198-214
Keywords [en]
Asian economic integration, China, economic interdependence, Japan
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:uu:diva-442708DOI: 10.1111/j.1467-8373.2009.01393.xOAI: oai:DiVA.org:uu-442708DiVA, id: diva2:1555735
Available from: 2021-05-19 Created: 2021-05-19 Last updated: 2021-05-19

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Publisher's full texthttps://onlinelibrary.wiley.com/doi/abs/10.1111/j.1467-8373.2009.01393.x
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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
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Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
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  • text
  • asciidoc
  • rtf