皇冠体育app

皇冠体育app and the Association of Southeast Asian Nations (ASEAN) are celebrating the 20th anniversary of their dialogue partnership. The relationship progressed from consultative dialogue partners in 1991 to full dialogue partners in 1996, then on to a strategic partner in 2003 and finally to an ASEAN-皇冠体育app Free Trade Area (ACFTA) last year.

ASEAN member states often view 皇冠体育app both as a threat and source of hope. While the sense of hope comes from the size of the big market and 皇冠体育app's ability to drive regional growth, the threat concept arises from 皇冠体育app's skill to flood ASEAN as well as third country/region markets (the United States, the European Union and Japan) with low-priced products.

There are also concerns that 皇冠体育app's growing competitiveness and the domestic market of more than 1.3 billion people will attract more overseas direct investment, leaving behind the ASEAN economies. But in the last 20 years, in many instances, 皇冠体育app has assured that it needs ASEAN to grow and to become its partner in driving regional economic growth.