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Economic Cooperation The Emerging Scenario
Abstract
[Considering China continuously increasing importance for the global level, increased economic cooptation between China and SAARc member countries will be mutually beneficial, particularly for the South Asia. SAARC's own success in achieving desired level of regionalism has been limited, and China's involvement can become a catalyst in this regard. While trade between China and SAARC has been increasing in recent years, the potential of economic cooptation is much more beyond trade alone. China's engagement can address some of SAARC's fundamental shortfalls such as inability to generate funds for crucial projects and no progress towards knowledge and technology transfers. Regardless of China's full membership of SAARC, its active involvement in South Asia will continue to grow.]
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[Footnotes]
Abbasi, "China's South Asian Curiosities and Strategies," 112.
Panda, "China-SAARC Relations," 59.
Rahul Karmakar, "China Seeks Bigger Role in SAARC", Hindustan Times, May 23, 2008, http://www.hindustantimes.com/News-Feed/restofasia/China-seeks-bigger- role-in-Saarc/Articlel-312557.aspx (accessed May 26, 2011).
Muhammad Iqbal Tahish, "SAARC CCI Proposes Agenda for Economic Cooperation with China' (Press Release), February 26, 2011, http://www.saarcchamber.org/ (accessed May 26, 2011).
IMF Direction of Trade Online Statistics, http://www2.imfstatistics.org/DOT/(accessed May 16, 2011).
Sachs, The End of Poverty, 7.
Abbasi, op. cit., 111.
Sahoo et al., "China's Growing Presence in India's Neighbourhood."
Muhammad Iqbal Tahish, op. cit.
Ibid.
Bhattacharyay and De, "Promotion of Trade and Investment between People's Republic of China and India," 61-67.
Star Business Desk, "SAARC China Trade May Cross $75 b this Year, Hopes FBCCI Chief," The Daily Star, January 31, 2010, http://www. thedailystar.net/newDesign/news-details.php?nid=124146 (accessed May 26, 2011).
"Sino-Indian Trade Volume Exceeds USD 60 bn Target," Jagran Post, January 27, 2011, http://post.jagran.com/SinoIndia-trade-volume-exceeds-USD-60-bn-target- 1296141127 (accessed 26 May 2011).
Ibid.
Bhattacharya and Bhattacharyay, "Gains and Losses of Iridia-China Trade Cooperation "
Bhattacharyay and De, op. cit., 63-64.
Ibid., 61-66.
Shesheng, "Role of SAARC Observers: A Chinese Perspective," 300.
Shesheng, op. cit., 296.
Garver, "China's South Asian Interests and Policies," 4.
Bhattacharyay and De, op. cit.," 66.
Anita Inder Singh, "China's Expanding Influence in South Asia," The Tribune, October 13, 2010, http://www.tribuneindia.eom/2010/20101013/edit.htm#6 (accessed May 26 2011).
Niazi, "China, India and the Future of South Asia."
Sahoo et al., op. cit.
Kelegama. "China-Sri Lanka Economic Relations: An Overview."
Ibid.
Sahoo et al., op. cit.