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1、ChangingEastAsiaandtheU.S.What/whereisEastAsia?ChinaJapanSouthKoreaNorthKoreaTaiwanHongKong-Geographicalproximity-Historical/culturalconnectednessImportantTrendsShiftingbalanceofeconomicandmilitarypowerinAsia—riseofChinaGrowingintra-regional/AsiantradeShiftingconcernsandstrategicinterestsfor
2、AsiancountriesandtheU.S.ThreetermstounderstandChinaDevelopmentalstate2.Rapid,globalindustrialization3.HegemonyChina’sDevelopmentalStateIDEOLOGY:rapideconomicdevelopmentonbehalfofsociety(followexamplesofJapan,SouthKorea,Taiwan)LEGITIMACY:basedonsuccessofeconomicdevelopmentandnationalismUNITY:
3、preventdomesticdisruptione.g.ethno-nationalistaspirationsofTibetansorUighersinXinjiangPOINT:China’sgovernmentwillkeeppromotingthisideologyanditspoliciestoprotectitselfRapidGlobalIndustrialization→ManufacturingCenteroftheWorld(still)-#1producerofcoal,steelandcement-produces70%oftheworld’stoys
4、#1producerofelectronicgoods3rdlargestproducerofautos400ofthetop500companiesoperateinChinaLeadstheworldinshipbuildingGrowingCenterofTechnologyDevelopment&ProductionU.S.companiesanduniversitiesestablishingresearchcentersinChinaGrowingChineseresearchpresencewithnanotechnology,genetechnologyAlte
5、rnativeenergy—largestproducerofwindturbinesDomesticImpactofChina’sIndustrializationGrowingmiddleclass,about150million(US$10-20/day);hugereductionofpovertyGrowingdomesticmarketHugemigrantlaborpoolRapidurbanization:about50%in2020GrowingincomeandwealthgapEnormouswater,air,soilpollutionFakeprodu
6、ctsDevelopingcapitalist“cando”cultureModernization/urbanizationRuralPoverty,Pollution,ScandalChineseNationalism&PrideInternational/RegionalImpactofChina’sIndustrialization2ndlargesteconomyintheworld,willsurpasstheU.S.economyin2019-2020China’sGDP:10.09T(PPP,2010,CIA)[GDP/capita?$7,900]USGDP:1
7、4.66T(PPP,2010,CIA)[GDP/capita:$48,000]2ndlargestexporterintheworld2ndlargesttradepartnerwiththeU.S.Represents14%ofworld’seconomy(PPP)Holdsnearly2.8trillioninforeigncurrency(2010)China’sproposal:AsianeconomicintegrationEAFTA+Japan,SouthKorea+ASEANC