{"id":1724,"date":"2022-08-11T14:21:47","date_gmt":"2022-08-11T07:21:47","guid":{"rendered":"https:\/\/ntc33.net\/ktqt\/?p=1724"},"modified":"2024-01-22T09:38:49","modified_gmt":"2024-01-22T02:38:49","slug":"topic-04-competing-for-the-impact-of-the-us-china-economy-in-southeast-asia-and-vietnams-policy","status":"publish","type":"post","link":"https:\/\/ntc33.net\/ktqt\/en\/topic-04-competing-for-the-impact-of-the-us-china-economy-in-southeast-asia-and-vietnams-policy\/","title":{"rendered":"TOPIC 04: COMPETING FOR THE IMPACT OF THE US-CHINA ECONOMY IN SOUTHEAST ASIA AND VIETNAM’S POLICY"},"content":{"rendered":"\n
COMPETING FOR THE IMPACT OF THE US-CHINA ECONOMY IN SOUTHEAST ASIA AND VIETNAM’S POLICY <\/p>\n\n\n\n
SUMMARY <\/strong><\/p>\n\n\n\n In modern world history, Southeast Asia has always been one of the regions of strategic geopolitical significance in the foreign policy of both the United States and China. By analyzing data of direct investment (FDI), two-way import and export value between the USA, PRC, and Southeast Asian countries, having an overview of bilateral trade cooperation mechanisms between the US and China Southeast Asian countries and countries, regional, continental, and global multilateral economic cooperation mechanisms, and having a brief overview of economic megaprojects that have an impact on Southeast Asia’s geo-economic and geopolitical changes in The United States and China, the research team hope to contribute to clarifying the competitive image of US-China economic influence in Southeast Asia today, and at the same time give recommendations for Vietnam’s countermeasures in the face of economic influence from the United States and China. <\/p>\n\n\n\n 1. Opening <\/strong><\/p>\n\n\n\n Power is a central concept in international relations theory because of \u201cthe ability to cause other actors to behave in the desired direction\u201d (Payne, 2013, p.25), which is the goal of the government and the managers, is a condition to ensure security and is an affirmation of the country’s influence and position on the international political map. Hard power is characterized by intimidation and coercion through military force, economic pressure, and retribution (Mearsheimer, Campbell & O’Hanlon, 2006; Wilson, 2008). <\/p>\n\n\n\n The economy is considered an important factor that creates the hard power of a country, the relationship between investment and aid activities, the dispersion of capital, and the influence on another country is the ratio mutually agreeable (Viotti & Kauppi, 2013). Facing the trend of globalization, Ahmed (1995) recognized that economic interests play an increasingly vital role in international relations, with the same angle, Spyros Economides & Wilson (2001) in the book “Economic factors in international relations\u201d argues that a country’s foreign policy is increasingly driven by commercial considerations and that economic power actually exerts more influence than military power because of its dependence on military power. The dependencies, connections, and interactions between economies are clear today. <\/p>\n\n\n\n The strategic dispute in Southeast Asia will become increasingly hot both in reality and at the diplomatic table. From that reality, it is necessary to examine the economic presence of the United States and PRC in Southeast Asia to contribute to clarifying the economic presence of the USA and PRC in Southeast Asia. <\/p>\n\n\n\n With the goal of assessing the influence of the USA and PRC from an economic perspective, the author builds a research model as shown in Figure 1, USA and PRC will be analyzed and compared based on the context of bringing economic benefits to 11 countries. Southeast Asian countries (country X) are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Timor Leste, and Vietnam. According to the theory of new realism, the USA and PRC economies give away in return for the recognition of country X’s influence, the greater the economic benefits, the greater the influence, assuming other factors to another power do not affect this research model. <\/p>\n\n\n\n