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What is China for ASEAN? Analyze and Explain the importance of China for ASEAN in
both political and economic perspectives from during the cold war time to current modern
day.

China is an important power in promoting free trade and supporting global multilateral
mechanisms. At present, China-ASEAN digital economy cooperation is developing rapidly.
Make cooperation between the two sides more potential. Since the China-ASEAN Free Trade
Agreement officially came into effect in 2010, industrial chain and value chain integration have
been achieved. Trade in goods and services between the two sides expanded rapidly. As for the
signing of the Regional Comprehensive Economic Partnership, which is the world's largest free
trade agreement, It is a symbol showing that Regional economic unity, multilateral mechanisms
and free trade have achieved important milestones. and continuously adding new impetus to
bilateral cooperation and the global economy.
And on the Chinese side, it is seen that ASEAN is a top priority in neighborly diplomacy and is
an important region for jointly developing high-quality Belt and Road projects. At the 18th
China-ASEAN Expo and the China-ASEAN Business and Investment Summit that just
concluded last week in Nanning, In southern China, the trade and investment contracted reached
a record high of 300 billion yuan. China-ASEAN is now at a new starting point to advance
towards a better future of bilateral relations.

How will China be important for post COVID-19 economic recovery of ASEAN
countries?" Describe the Pros & Cons of establishing closer economic relations with China.

With the opportunities and challenges that will follow post-COVID, 'seizing opportunities' and
'strengthening cooperation' have become key words for China and ASEAN to jointly deal with
the challenges of the post-COVID economic environment.
China will promote coordination and integration of common political strategies with ASEAN.
Meanwhile, ASEAN countries will support China's proposed global development initiatives.
Both sides will become indispensable partners in jointly tackling challenges. And there will be a
greater level of openness with foreign countries. ASEAN is considered an important cooperation
region under China's new dual-cycle development strategy. The cost advantages of ASEAN's

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production capacity and China's complete manufacturing industry chain are mutually reinforcing.
This will create integration into a closely connected economic network. And when combined
with other policies that support it, such as the ASEAN-China Free Trade Agreement 3.0 that is
currently being negotiated and the RCEP agreement that has officially come into force It will
result in the traditional economy and trade being upgraded and expanded in high value-added
directions, such as cross-border finance and the digital economy. Relations between China and
ASEAN They will be closer and more involved. As Ambassador Deng Xijun said, joint efforts
will be made with ASEAN to make the region a home of peace, tranquility, prosperity, beauty
and hospitality.

Even after Covid China will take many measures to revive and develop the economy together
with ASEAN. But there are still things to worry about. For example, in Thailand right now there
are many Chinese tourists and Chinese businessmen. Even if it makes GDP high and make
tourism grow Because another important role of China is to be an investor with huge amounts of
money invested in various countries. And China sees Thailand as having the potential to be used
as a center for expansion into the ASEAN market.

When Chinese people came to operate Thai businesses in Thailand in the form of Thai owners
who were nominees, Thais of Chinese descent who had previously been in the food trade were
forced to compete for the market. Because the Chinese capitalists who came in had more capital,
allowing them to open large food and beverage shops and being able to sell underpriced to Thai
people.

When authentic Chinese entrepreneurs' food is cheaper This has affected the income of Thai
people in the Yaowarat area. In addition, when procuring Chinese food ingredients, there are
already easy-to-find suppliers and the cost is also cheaper because they can order in large
quantities at a time, equal to that Chinese people come to do business in Thailand In addition to
causing small shops to suffer because they have to fight with big capitalists from China and have
to bear many costs. Thailand itself receives almost nothing from Chinese entrepreneurs and
business nominees.

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What are your suggestion recommendations for ASEAN Countries to achieve sustainable
economic development in peaceful way?

In my opinion, the two superpowers are not the only factors that may contribute to ASEAN's
growth in 2023, with many countries having large international tourism industries and a better
pandemic environment. It will promote the tourism industry to recover in 2023. Thailand and
Malaysia may grow 4% as global travel and tourism returns to normal. and ASEAN countries
have been a source of FDI attraction in recent years. It presents an enticing alternative for
companies looking to reduce trade with China that is increasing trade barriers. and want to find a
cheaper production source, which currently multinational companies consider 'Southeast Asia' is
a choice in terms of more 'manufacturing centres', considering factors such as competitive wages
Improving business rules infrastructure development and greater domestic demand Therefore,
ASEAN should provide investment opportunities to those groups as well.