The discussion of regionalism and practice since the 1990s has become a new trend. Association of Southeast Asian Association for regional economic integration to the east, China and Japan to integrate the three main routes for trade, globalization and regional integration is the current world economy and the evolution of the two major characteristics of the regional economic integration has been lagging behind Europe and the United States in East Asia region, the recent free Trade Agreement (FTA) the wave catch up to the concept of geo-economies in terms of China, Japan and ASEAN countries to sign FTA contact spindle, but also the future of regional political and economic map of the world''s biggest re-engineering areas.
ASEAN in 1997 after the financial turmoil of 1998 "ASEAN Investment Area Framework Agreement" is to increase foreign direct investment, in 2008 the implementation of the ASEAN Charter is to further strengthen the legal status, but there are still problems and future development variables. APEC members to increase the current 21, but has not yet been institutionalized, the actual operation ineffective, there are still difficulties in the future development. ASEAN plus one (China) in 1997, forming, but ASEAN competition with China in the position, so to ease each other''s opposition is a major test of the future. ASEAN plus 3 (China, Japan and South Korea) The name was officially opened in 1999. China and Japan, the relationship between the key to a successful, if both sides can resolve the history of hatred and resolve conflicts of interest, the future will be a broad road.
Bilateralism is the new regionalism in another development, ASEAN countries and even in East Asia is no exception. At present, ASEAN economic integration with other countries, but also the principal at a low level of tariffs, but from a genuine free trade zone in East Asia, there is a good long way to go. Reduction of trade barriers and exclusion, are not yet fully touched deeper levels of economic integration. But its ultimate goal, through trade agreements and regional economic cooperation and promote interaction and mutual trust, and then have a regional identity.