This book discusses the necessity for cooperation between China and Japan to provide international public goods to Asia. It provides insight into how China and Japan can redesign the process of economic integration and security architecture to ensure peace and prosperity in Asia, and how China and Japan can cooperate to correct the capital misallocation and channel savings more effectively to investments in Asia. It also suggests how China and Japan can promote free trade to help Asian economies upgrade their industries in the global supply chain.

The book is an invaluable contribution to the existing discussion on China–Japan relations and how their cooperation is beneficial not only for them but also for Asia, and even the world.

chapter 1|3 pages


China and Japan in the global economy

chapter 2|42 pages

Will the 21st century be an Asian century?

A global perspective

chapter 3|10 pages

Geopolitics in East Asia

chapter 4|19 pages

Regional integration

Is Europe special? 1

chapter 6|22 pages

Infrastructure and development in Asia

The quality of infrastructure and project implementation *

chapter 7|25 pages

Advancing the ASEAN Economic Community

The role of China and Japan in supporting ASEAN’s regional integration

chapter 8|23 pages

Internationalisation of the yen in Asia

Has regional economic integration promoted yen-invoiced trade?

chapter 9|22 pages

A cautionary tale of market power and foreign policy

Beyond the geoeconomics of renminbi internationalisation