ASEANS RESPONSES TO CHINAS GROWTH: A STUDY OF GROWING TRENDS IN ASEAN IN WAKE OF RISE OF CHINA

At present, China is making a tremendous growth at multiple fronts and the threshold of the growth has been predicted for setting up a stage to change the course of history. At economic front, China has been acknowledged the second largest economy of the world in terms of nominal GDP while according to IMF China is considered the largest economy of the world in terms of PPP (purchasing power parity). China has become the global pivot for its business, engineering and trade skills, it is the largest manufacturing economy in the world as well as the largest exporter of goods in the world. At the same time it is the largest consumer market which is growing and second largest importer of goods in the world. As a second largest trading nation China has a significant role to play in international trade. China is engaged in different sort of organizations, treaties, and agreements including FTAs (free trade agreements) to increase its efficiency and trade with other nations. How China has got this status in four decades long story however unique with thousands of tools of reforms, exploited by extensive potential with a persistent pace. Such a huge rise has made the neighboring states concerned, particularly the states who have competing claims in South China Sea which led to new trends in South East Asia. The ongoing research aims to study the emerging trends within ASEAN response of rise of China. The theory of Complex Interference would be made functional in order to understand the complexity of relations. Analytical, descriptive approaches would be adopted in order to analyze the growth of China, Response of ASEAN and the nature of emerging trends.