Abstract

In the last 30 years, China’s economic power has experienced great changes and has brought about a profound impact on the world economy. This led us to ask a question: do changes in China’s economic power shift the geo-economic relationships between China and its neighboring countries? To answer this question, we researched the evolution of geo-economic relationships between China and the Association of Southeast Asian Nations (ASEAN) countries. Using the Euclidean distance method, we explored the changes in these geo-economic relationships between China and ASEAN countries from 1980 to 2014. Our findings resulted in five conclusions: (1) Over time, geo-economic relationships between China and ASEAN countries remained relatively stable. (2) Geographically, the main geo-economic relationships between China and continental ASEAN countries were complementary, while the main geo-economic relationships between China and island ASEAN countries were competitive. (3) Geopolitics and geo-culture were attributed to the changes in geo-economic relationships. (4) The evolution of geo-economic relationships was characterized by path dependence. (5) Geo-economic relationships between China and ASEAN countries could be classified into four types: game type, with high cooperation and competition; complementary type, with high cooperation and low competition; fight type, with low cooperation and high competition; and loose type, with low cooperation and competition. Our findings contribute to improving the understanding of geo-economic relationships.

Highlights

  • In the context of globalization and economic integration, geo-economic research is becoming increasingly important

  • Using the Euclidean distance method, we measured the geo-economic relationships between China and Association of Southeast Asian Nations (ASEAN) countries from 1980 to 2014, and summarized the patterns and characteristics

  • These findings implement existing knowledge to make an important contribution to the international literature by providing a better understanding of the evolution of geo-economic relationships

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Summary

Introduction

In the context of globalization and economic integration, geo-economic research is becoming increasingly important. The world is entering a new era of geopolitics and geo-economics [1]. Some scholars discuss geo-economics as a form of statecraft and take states as agents of economic power [4,5]. They believe the reason for developing geo-economics is to gain economic interest, control resources and improve political influence through competition with other countries, arguing that there are competitive relationships between geo-economic actors. The cooperative geo-economic relationships for BRICS countries are significant [2] These new economic powers resort to a series of diplomatic, political and economic policies to facilitate economic development, which focus on commodity circulation and economic cooperation. Do changes in economic strength shift geo-economic relationships with neighboring countries? How does the geo-economic relationship evolve?

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