Challenges for China in the Establishment of Regional Comprehensive Economic Partnership (RCEP)

This research aims to provide a descriptive explanation of how the formation of economic integration through the RCEP case study is able to form a new order of regionalism in the region. This research also tries to explore the challenges for China as the main economic power in the economic integration. This research utilizes the concepts of third wave regionalism and free trade zones through a descriptive qualitative study approach. The research finds that although China and ASEAN are positively on the same track regarding the establishment of RCEP, it is challenged by broader regionalism such as the Sino-Indian rivalry and other similar regionalism mechanism challenges. The article concludes that it is necessary for China to face the challenges by establishing a fair and acceptable cooperation arrangement for the global south so that RCEP can be beneficial for both parties.

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Publication Details

Journal
Journal of International Studies on Energy Affairs
Published
2024-12-11
DOI
https://doi.org/10.51413/jisea.vol5.iss2.2024.210-222
Primary Topic
Economic Zones and Regional Development
Type
article
Field-Weighted Citation Impact
0.00
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article

Challenges for China in the Establishment of Regional Comprehensive Economic Partnership (RCEP)

Laode Muhammad Fathun, Yosua Saut Marulitua Gultom
Journal of International Studies on Energy Affairs
Economic Zones and Regional Development
article

Challenges for China in the Establishment of Regional Comprehensive Economic Partnership (RCEP)

Laode Muhammad Fathun, Yosua Saut Marulitua Gultom
article en

Abstract

This research aims to provide a descriptive explanation of how the formation of economic integration through the RCEP case study is able to form a new order of regionalism in the region. This research also tries to explore the challenges for China as the main economic power in the economic integration. This research utilizes the concepts of third wave regionalism and free trade zones through a descriptive qualitative study approach. The research finds that although China and ASEAN are positively on the same track regarding the establishment of RCEP, it is challenged by broader regionalism such as the Sino-Indian rivalry and other similar regionalism mechanism challenges. The article concludes that it is necessary for China to face the challenges by establishing a fair and acceptable cooperation arrangement for the global south so that RCEP can be beneficial for both parties.

Journal of International Studies on Energy AffairsVol. 5(2)
University of Pembangunan Nasional Veteran Jawa Timur (ID), Universitas Pembangunan Nasional Veteran Yogyakarta (ID), Universitas Pembangunan Nasional Veteran Jakarta (ID)
Partnerships for the goals
Openalex Percentile: Top 59%
Economic Zones and Regional Development
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