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Editor’s Note: For the past ten years, regionalism has become a worldwide phenomenon. In fact, most industrialand developing countries have become members of a regional trade agreement, many belonging to more thanone. For a long time, the economic integration process of the East Asia has been rather lagged behind that ofAmerica and Europe. The breakout of the Asian financial crisis in l997 and the serious contagion effects havetaugh the countries in the region the importance of regional economic cooperation in an increasingly integratedworld. Many proposals and plans have been put forward concerning possible approaches of regional economicintegration. Since l999, China’s attitude toward regional economic integration has changed which was mani-fested by its involvement in the regional monetary arrangement. With China’s WTO entry China will be moreactive in participating and promoting regional economic cooperation. In this edition, the journal invites threescholars to introduce and comment on the background of
Editor’s Note: For the past ten years, regionalism has become a worldwide phenomenon. In fact, most industrialand developing countries have become members of a regional trade agreement, many belong to more thanone. For a long time, the economic integration process of the East Asia has been rather lagged behind that of America and Europe. The breakout of the Asian financial crisis in l997 and the serious contagion effects havetaugh the countries in the region the importance of regional economic cooperation in an increasingly integratedworld. Many proposals and plans have been put forward Since l999, China’s attitude toward regional economic integration has changed which was mani-fested by its involvement in the regional monetary arrangement. With China’s WTO entry China will be moreactive in participating and promoting regional economic cooperation. edition, the journal invites threescholars to introduce and comme nt on the background of