The Asan Institute for Policy Studies hosted the 4th Asan Institute Roundtable on “The Rise of China and Prospects for Northeast Asian Regional Community” on May 26, 2010.
In the past 20 years, numerous Northeast Asian security and economic councils and organizations have been established. When taking into account the fact that no regional council had existed previously, the establishment of these organizations can be considered a significant progress toward regional integration. Whether Northeast Asia can one day become as integrated as the European Union, however, is anyone’s guess at this point. While the countries in the region strive to avoid disputes and conflicts as economic interdependence deepens, the rise of China can be a source of unease to its neighbors. The rise of China both increases the uncertainty surrounding the Korean peninsula and provides an opportunity for the countries of the region to cooperate.
Moderator Hahm Chaibong (Director, Asan Institute) and panelists T. J. Pempel (Professor, UC Berkeley), Choo Jaewoo (Professor, Kyung Hee University), Koo Minkyo (Professor, Yonsei University), Lee Seungjoo (Professor, Chungang University) and Son Yul (Professor, Yonsei University) discussed the impact of the rise of China on the Northeast Asian regional community.