WK8- ASIAN REGIONALISM

Rob Quinn

trade War Looms As China Hits Back at Trump Tariffs

Geng Shuang

“Those who attempt to make China surrender through pressure or intimidation have never succeeded before“

Asia

Where does the center of gravity of the global economy shifting to?

Asia

Produces 3/10 of global output in terms of purchasing power

World Bank 1993

The Asian “miracle“ did not end with the 1997/98 financial crisis a decade ago; for some countries, it marked the beginning of renewed acceleration

1997/98 financial crisis

What was an important catalyst for this new regionalism and gave rise to a range of new initiatives?

OKAY

Read “How can regionalism benefit Asia?“ and “How can Asian regionalism befit the world“ pages 81-82

Central Asia

Important in the Silk Road trade (Roman Empire and China)

East Asia

Cradle of ancient civilizations- China, Japan, Mongolia

South Asia

High population density; cradle of Indian civilization

Southeast Asia

Located in the Asia-Pacific Ring of Fire; historically the goal destination of the European expeditions that search for spice

Middle East

Many are arid desert regions but serve as a gateways to major bodies of water in the world