Overview

In an era of increasing geopolitical turmoil, this book looks at the impact of geopolitics on global supply chains and examines the role of China in East Asia’s regional economic integration. It evaluates the impact of geoeconomic fragmentation along different dimensions such as trade, FDI and capital flows, and provides insights into different industries and sectors where trade and investments are increasingly being reallocated and reshuffled. The book further explores how geopolitics may accelerate the internationalisation of China’s renminbi, which herald significant implications for the international monetary system. As geopolitical tensions arising from the US-China trade war continue to persist, the global semiconductor industry has also become the epicentre of US-China strategic rivalry, placing immense strain on its fragmented, global value chain. This book analyses the implications of this intensifying technological rivalry for East Asia, including the ASEAN economies. This book will be of interest to scholars and students of Asian economics, international trade, and geoeconomics. Policymakers searching for insight into Asian trade and financial markets may also find this book useful.

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9781041143956

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Sarah Chan is Senior Research Fellow at the East Asian Institute, National University of Singapore. She has previously worked as a senior economist at the Monetary Authority of Singapore and a consultant economist for the Asian Development Bank. She obtained her PhD in Economics from Nanyang Technological University, Singapore in 2014.

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