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Journal of International Security Studies
62 The Rise of East Asian Financial Regionalism and Its Geo-Security
Implications
LIU Ning
[Abstract] Given the continued instability in the international monetary and financial
system, financial regionalism featuring regional financial security cooperation has
gradually emerged as a significant geopolitical and economic phenomenon. The
impact exerted by financial regionalism on geo-security mainly cover two aspects.
One is regional financial security. Financial regionalism can help build a regional
financial security network and promote the geo-economy integration. The other is
geopolitical security. Financial regionalism can expand the geopolitical influence of
regional powers and enhance their abilities to exclude extra-regional states from
interfering in regional affairs. These geo-security effects generated by financial
regionalism have different implications for different actors. Firstly, ASEAN, as a
regional economic community, will strongly oppose the use of financial regionalism
by East Asian powers to bring ASEAN under their sphere of influence which is
thought to be a threat against the geopolitical security environment of ASEAN.
Secondly, as the biggest financial contributors, China and Japan have been entangled
in more fierce competition for regional monetary and financial leadership and their
continual conflict and collision will undermine the political prospect for financial
security cooperation in East Asia. Thirdly, East Asia, as a key link in the US dollar
reflux mechanism, will undoubtedly exacerbate its geopolitical contradictions with
the United States if the only supreme power is excluded. Therefore, East Asian
financial regionalism, in the course of its rising, will not only stabilize regional
monetary and financial order but also give rise to geopolitical security problems.
[Keywords] East Asia, financial regionalism, regional financial security, geopolitical
security
[Author] LIU Ning, Ph.D. Student, School of International Studies, Peking
University (Beijing, 100871).
85 On the Security Protection of Overseas Chinese Citizens and
Enterprises in Russia and Sino-Russian Police Cooperation
ZHANG Jie and ZHANG Tianpeng
[Abstract] Recent years have witnessed a frequent occurrence of crimes against
overseas Chinese and Chinese enterprises in Russia. What is lying behind this grim
situation is rather complicated. To address this problem, it is imperative that all
relevant state agencies should take full responsibility for security protection and
enhance Sino-Russian bilateral police security cooperation. Furthermore, the
Chinese government should educate Chinese citizens to cultivate a strong awareness
of overseas security and help them develop appropriate skills for self-protection,
which should be a long-term undertaking for the Chinese government to implement.
Efforts should also be made to reinforce the government’s guidance and
resource-sharing so as to create a more favorable environment for the
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