Japanese media articles: US-China Economic and Trade Ribbling ASEAN profit

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Japanese media articles: US-China Economic and Trade Ribbling ASEAN profit

2022-01-18 18:09:38 38 ℃

Reference Information Network Report on January 18th "Japan Economic News" issued on January 17th "ASEAN ASEAN's" Fisherman's "Fisherman" in the United States ", the author is a Japanese Trade Revitalization Institute Asian Economic Research Institute of the Asian Economic Research Institute. Preaching. The full text is as follows:

The Mid-China Economic and Trade Friction will continue to work by the Biden government, and the US export control measures are increasing. In response to this situation, ASEAN began to issue a sound of "not intended to be confident with any side of the United States", "I don't want to be forced to choose any side between the United States."

On the other hand, due to geography and China adjacent to China, the economic benefits obtained in the Mid-China economic and trade frictions are perhaps the biggest. The United States has made tariffs and export controls to China, which has made China reduce exports to the United States. From China to the total export of exports in the United States, the decline is especially obvious in 2018 to 2019, the United States has increased tariffs in China.

This has brought at least two major changes to the trades of ASEAN countries.

First, ASEAN has increased in US exports. ASEAN has continued to expand its exports since 2019, even in new crown epidemic. From the ASEAN countries, the US monthly exports were statistically analyzed. The more the United States had a product of China's duty-tariff, the more exports to the United States. This has a statistically significant impact on exports from Vietnam, Indonesia and Cambodia.

The second change is that Chinese products that cannot be went to the US market are pouring into the ASEAN market.

In fact, statistically analyzing China's monthly export volume for ASEAN countries, and it can be found that the more US improved products for China tariff rates. China has exported to ASEAN. Especially in the exit to Vietnamese, this situation is very obvious. China's increase in ASEAN exports has exacerbated competition in the ASEAN market.

How is the ASEAN countries going to bring this economic change in the United States and China?

ASEAN countries are improving the export management system, first of all, forbidden military-civilian products and related items to avoid being an export control object of the United States. On the other hand, ASEAN countries regard the US-China economic and trade friction as a good opportunity to transfer production and enterprises from China, and actively attract China's investment.

In fact, in recent years, China's mainland and Hong Kong's direct investment in ASEAN has traveled more than Japan's direct investment in Japan.

In this way, in order to keep the export management system while improving the export management system, ASEAN also promotes cooperation with Chinese enterprises with cutting-edge technology.

The ASEAN to send autumn waves by the United States and China can take a large policy space, showing that trying to profit from the US economic and trade friction. This is consistent with the past diplomats in the ASEAN. ASEAN has consistently pursues the policy of obtaining economic benefits while maintaining friendly relations with all regions.