China’s long-term rise and its recent international assertiveness have made long-standing and recently emerging issues of relations along China’s periphery matters of pressing international concern. The rapid development that has provided the material underpinnings for China’s rapid rise as a regional power has been fueled partly by economic integration along China’s periphery. Foreign investment flows, integration in a regional supply chain that feeds global markets and burgeoning intraregional trade have made Taiwan, Hong Kong, Korea, Japan and other states in East Asia key participants in China’s rise and eroded the economic significance of political borders in the region. November 4, 2011
http://www.fpri.org/multimedia/20111104.panel.greatpowerneighbors.html