The long-standing territorial dispute between China and Japan over the Senkaku Islands has recently deteriorated causing a chill in the relationships between the two countries. The discord between the APR leading powers may adversely affect the situation in the region. We have asked the leading expert in the ...
... most interest vested in the formation of the said group. Beijing is given a very real opportunity to prove the validity of its ambitions for recognizing the RMB (Ren Min Bi) as the key regional currency. China is promoting the project for creating the China-Japan-South Korea FTZ even though it may become a serious competitor to the already existing PRC-ASEAN FTZ. For China, the main and most attractive bonus of the NEA trilateral project is Japan’s and South Korea’s more powerful economic and technological ...