CONTENTS -- Introduction China and East Asia: After the Wall Street Crisis LAM Peng Er, YANG Mu and QIN Yaqing -- Chapter Summaries -- Acknowledgments -- Bibliography -- East Asia's Political and Economic Architecture -- Chapter 1 East Asian Regionalism: Architecture, Approach and Attributes QIN Yaqing -- I. Architecture: Multi-layered and Pluralistic Governance -- II. Approach: ASEAN-led "Processualism" -- III. Attributes: Pragmatic Functionalism, Cooperative Multilateralism and Open Regionalism -- IV. Powers and the Region: China, Japan and the US -- V. East Asian Regionalism: Prospects and Limits -- VI. Conclusion -- Bibliography -- Chapter 2 China in the Post-Financial Crisis East Asia: Towards a New Regional Economic Order John WONG -- I. China's Economic Rise -- II. East Asia as a Dynamic Economic Region -- III. Towards a China-centric Regional Economic Order -- Bibliography -- Chapter 3 China as the World's Second Largest Economy: Qualifications and Implications HE Liping -- I. Ranking of Nations' Economic Size: The Factor of Exchange Rate and Price -- II. Is China Today as Large as Japan in 1980? -- III. How will the Chinese Economy Rely on the Outside World? -- IV. China as the World's Second Largest Economy: Some Implications -- Postscript -- Bibliography -- Chapter 4 Trade and Investment Facilitation in East Asia: Development, Challenges and Cooperation FAN Ying and LI Wentao -- I. TIF Achievements and Latest Developments in East Asia -- 1. TIF cooperation under APEC -- 2. TIF cooperation under AFTA -- 3. TIF cooperation under GMS -- 4. TIF cooperation among China, Japan and ROK -- 5. TIF cooperation under bilateral free trade agreements in East Asia -- II. Obstacles and Challenges for Further TIF Cooperation.

1. Varying levels of infrastructure among countries in the region, resulting in hardware insufficiency for furthering TIF cooperation in East Asia -- 2. Disparity in development levels leading to different perceptions about TIF and different capabilities to participate in TIF -- 3. High cost of TIF unaffordable for comparatively less developed countries in the region -- 4. Complex international investment policies with different standards in the region -- 5. Difficulties in quantifiable assessment of TIF costs and effects -- III. A Framework and Roadmap for East Asia Trade and Investment Facilitation Cooperation -- 1. Goals -- 1.1 General goals -- 1.2 Specific goals -- 2. Guiding principles for cooperation -- 2.1 Being complete -- 2.2 Being flexible -- 2.3 Being transparent -- 2.4 Being comparable -- 2.5 Being inclusive -- 3. Approaches of cooperation -- 3.1 Consensus-based collective action -- 3.2 Pathfinder pattern -- 3.3 Narrow the development gap through capacity building -- 3.4 Synergy of the public sector, the private sector and academia -- 3.5 Quantitative assessment mechanism -- 3.6 Steering committee for East Asian trade and investment facilitation cooperation -- 4. Priority cooperation areas -- 4.1 Country of origin principle -- 4.2 Procedures of customs -- 4.3 Standards and conformance -- 4.4 Construction of logistic network -- 4.5 Mobility of business people -- 5. Roadmap -- March 2011 -- July 2011 -- 2012-2015 -- Late 2013-early 2014 -- 2016 -- IV. Conclusion -- Bibliography -- Chapter 5 Elections in Hong Kong: International Perspectives and Implications for China Bill K.P. CHOU -- I. Beijing's Position -- II. Chief Executive Election -- III. Legislative Council Election -- IV. Implications of Recent Elections -- V. Conclusion -- Bibliography.

Chapter 6 Regionalism in the Post-Financial Crisis East Asia: Developments, Models and Proposals WEI Ling -- I. Developments of Regionalization: Security Tests, Architectural Competition and Strategic Adjustments -- 1. Political and security tests -- 2. Regional architectural competition -- 3. Strategic challenges facing parties concerned -- II. Theories on Regionalization: New Regionalism, the European Experience and East Asian Model -- 1. New regionalism and East Asian features -- 2. European integration: Theories and their limits -- 3. East Asian model: Soft regionalism, asymmetrical interaction and process-orientation -- III. Policy Proposals: ASEAN-centrality, Power Coordination, Pragmatic cooperation -- 1. ASEAN as the institutional center -- 2. Strategic coordination between major powers -- 3. Pragmatic ASEAN plus one cooperation -- IV. Conclusion: China and East Asian Cooperation -- Bibliography -- Chapter 7 East Asian Community: Dream or Reality? LAM Peng Er -- I. Maintaining East Asian Order: IR Models -- 1. Balance of power: From hard to "soft" balancing -- 2. Power hierarchy: Hegemonic peace, middle kingdom, G2 or great power condominium -- 3. Liberal institutions: International and regional -- 4. Underpinning an EAC: Shared values and norms -- II. East Asian Regionalism: Origins -- III. Competing Visions: East Asia or Asia-Pacific? -- IV. EAC: Obstacles and Possibilities -- V. Hoi An: A Model for EAC? -- VI. Conclusion -- Bibliography -- China and its Neighbors -- Chapter 8 Will China Give Up North Korea? CHEONG Young-Rok and SONG Mee Joo -- I. Evolution of North Korea's Value to China: Bilateral Level -- 1. Sino-North Korean relations -- 1.1. China's One-Korea policy during the cold war -- 1.2. China's Two-Koreas policy: Formal equidistance -- 1.3. China's Two-Koreas policy: Regional stability.

2. Assessing North Korea's value to China - liability or asset? -- 2.1. Economic value of North Korea to China -- 2.2. Socio-political value of North Korea to China -- 2.3. Diplomatic and strategic value of North Korea to China -- 2.4. North Korea - liability or asset? -- II. Regional Level Analysis -- 1. Constraints in China's North East Asian regional strategy -- 1.1. The Taiwan issue -- 1.2. North Korea's value to China revisited -- III. Conclusion -- Bibliography -- Chapter 9 China's Investment in Southeast Asia: Trends and Prospects YANG Mu and CHONG Siew Keng Catherine -- I. Increasing Outbound Investment As One of China's Policy Priorities -- II. The Chinese Characteristics of China's Overseas Investment -- III. Infrastructure as the Next Possible Priority for China's Investment in Southeast Asia -- IV. Other Opportunities for China's Overseas Direct Investment -- Bibliography -- Chapter 10 Defending ASEAN's "Centrality": Indonesia and the Politics of East Asian Regional Architecture in the Post-American Financial Crisis Era Syamsul HADI -- I. The Issue of Regional Architecture in East Asia and the Dynamics of Indonesian Foreign Policy -- II. Preserving the "Dynamic Equilibrium": Indonesia and Regional Architecture after the Global Financial Crisis 2008 -- III. Conclusion -- Bibliography -- Chapter 11 Twenty Years of Sino-Singapore Diplomatic Ties: An Assessment LYE Liang Fook -- I. Overview -- II. The Two-Way Relationship in Perspective -- III. A Broad-based and Substantive Relationship -- IV. Effective High-level Collaborative Mechanism -- V. Rough Patches -- VI. Looking Forward -- Bibliography -- Chapter 12 Vietnam-China Economic Relations: 2009-2010 DO Tien Sam and HA Thi Hong Van -- I. Context of Vietnam-China Relations and Vietnam's Economic Situation -- 1. Vietnam's economic situation post-financial crisis.

2. Vietnam-China political relations -- II. Trade Relations -- 1. Trade balance -- 2. Structure of export-import goods between two countries -- III. China's FDI in Vietnam -- 1. China's FDI: 1991-2010 -- 2. Characteristics of China's FDI in Vietnam -- IV. Opportunities and Challenges for the Development of Vietnam -- 1. Opportunities -- 2. Challenges -- V. Conclusion -- Bibliography -- Chapter 13 Malaysia-China Economic Relations: 2000-2010 LEE Kam Hing -- I. Growing Trade and Investments -- 1. Trade -- 2. Investments -- II. Projects by Government-linked Companies -- III. Trends in Investment -- IV. Financial Services: Banks, Currency and Stock Exchange -- V. Tourism and Education -- 1. Tourism -- 2. Education -- VI. Conclusion -- Bibliography -- Chapter 14 The Philippines and China: Towards a Strategic Partnership? Andrea Chloe WONG -- I. China's Perception of the Philippines -- 1. A close ally of Washington -- 2. A principal member of ASEAN -- 3. A major stakeholder in the West Philippine Sea (South China Sea) -- II. The "Duality" of China to the Philippines -- 1. A vital strategic power -- 2. A major trade partner -- 3. A significant investor and loan provider -- 4. An intermittent security threat -- III. Addressing Vital Issues and Recurring Challenges -- 1. Slow growth in bilateral trade -- 2. Controversies in China's ODA to the Philippines -- 3. Tensions in the South China Sea -- 3.1. Filing diplomatic protests -- 3.2. Improving military and naval defense -- 3.3. Lobbying ASEAN -- 4. Dilemmas in balancing the Philippines ties with China and the US -- IV. Philippine Approach to China: Compartmentalizing Areas of Concern -- V. Promoting Philippine Efforts in the Bilateral Partnership -- 1. Bilateral trade and investments -- 2. Security in the West Philippine Sea (South China Sea) -- 3. Philippine relations with US and China.

VI. Strengthening Philippines-China Relations.