China-Japan-South Korea: The slow, but sure, move towards economic partnership

The Chinese are producing advanced electronics at low cost for the global market  (photo:dpa)
The Chinese are producing advanced electronics at low cost for the global market (photo:dpa)

Three of the big economic giants of the Far East are set to open negotiations this year on a possible agreement which would bring them together in an economic partnership. In the second in the series on the emergence of a new order in the geopolitical landscape of East Asia, we look at why traditional and well-understood methods of doing business in the region are helping the move to closer economic cooperation despite ongoing political tensions.

TRILATERAL trade talks between China, Japan, and South Korea have recently made progress. In contrast, the continuing negotiations about a free-trade agreement (FTA) between Japan and the EU are moving forward at a snail’s pace.

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