The proliferation of free trade agreements (FTAs) is an important trend in recent Asia Pacific economic development. Two volumes published by World Scientific, Yunling Zhang's China and Asian Regionalism and Christopher Findlay and Urata Shujiro's Free Trade Agreements in the Asia Pacific, are comprehensive studies reflecting this trend. The two studies explore the main causes, characteristics, and impacts of FTA bilateralism in the Asia Pacific region, as well as the impacts on the global economy.
Zhang's fifteen-chapter volume reviews the emergence and development of Asian regionalism, which in his view promotes the region's cooperation and integration, and discusses China's role in Asian regionalism. It involves major policy research on the process of Asian cooperation. It provides valuable information for understanding and studying the ongoing process of regional cooperation in the region.
China and Asian Regionalism opens with an introduction to the characteristics of the East Asian cooperation and differentiates...