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    China Seeks to Improve Mekong Sub-regional Cooperation: Causes and Policies

    Guangsheng, Lu | February 2013
    Abstract
    The Mekong sub-region has important signifcance in China’s peripheral diplomacy and regional cooperation strategy. The Greater Mekong Subregion Economic Cooperation Program (GMS-ECP) is one of the earliest and most effective regional cooperation programmes that China has participated in. However, after more than 20 years, the development of sub-regional cooperation is still hindered by bottlenecks in economic, political, social, and other felds that need to be jointly addressed by the relevant countries. Since China put forward the Silk Road Economic Belt and 21stCentury Maritime Silk Road Initiative in 2013, various signs indicate that China has been seeking to upgrade sub-regional cooperation. On 12 November 2015, China launched the Lancang-Mekong Cooperation (LMC). The author will analyse the causes for the upgrading and related policies, and offer three main reasons for the upgrading of the Mekong River cooperation. First, sub-regional economic cooperation has reached a higher level. In the context of a marked decrease of the marginal effect of lower tariffs, there is a need for an economic cooperation upgrade. Second, there is an urgent need for subregional economic cooperation to expand to include security, political and social felds. Third, China hopes to play a fuller and more dominant role within the sub-regional cooperation framework.
    Citation
    Guangsheng, Lu. 2013. China Seeks to Improve Mekong Sub-regional Cooperation: Causes and Policies. © S. Rajaratnam School of International Studies. http://hdl.handle.net/11540/6512.
    Keywords
    Government Policy
    Regional Organization
    Regional Plans
    Economic integration
    Regional Development Bank
    Preferential tariffs
    International negotiation
    Protectionist measures
    Access to markets
    Economic agreements
    International trade law
    Regional integration
    Trade relations
    Regionalism
    Regional Economy
    Regional Trading Arrangements
    Regional Trade Integration
    Regional Economic Integration
    Regional Cooperation
    Interregional Cooperation
    Trade Disputes
    Trade Barriers
    Regional economics
    Regional planning
    Regional disparities
    Interregionalism
    Regional economic disparities
    Regional economic blocs
    Industrial arbitration
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    Citable URI
    http://hdl.handle.net/11540/6512
    Metadata
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    Thumbnail
    PR160225_China-Seeks-to-Improve-Mekong.pdf (2.434Mb)
    Author
    Guangsheng, Lu
    Theme
    Regional
    Trade
    Labor Migration
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise