The Political Economic Analysis Of China-ASEAN Free Trade Area

The capital is bound to expand outside and to every corner of the world from the day it was born. So the economic globalization is a thing that will happen sooner or later. The economic globalization began with the Western colonial expansion to the wide backward areas in Asia, Africa and America etc. But the biggest-scale and most influential trend of economic globalization began in the 1970s when the golden standard collapsed. Then the global capital market was regenerated. The transnational enterprises in western countries began to invest abroad in a larger scale and the "Four Little Dragons" began to rise. The socialist countries began to open to outside world in different degrees. When the Cold War ended, the Soviet Union and East Europe Bloc began to turn to the West sharply. The remaining socialist countries began the gradual market-oriented reforms. The market economy united the world as a whole. In 2001 China entered the WTO positively to meet the trend of economic globalization.On the other hand the regional economic integration is very popular. Now the worldwide free trade negotiation is in a dilemma. So many countries turned to regional economic groups to safeguard self economic interest once more in the late of the 20^th...