{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='China looks to create new Asian economic bloc' data-url='/boclips/videos/5c54c4bed8eafeecae16aef3' data-video-url='/boclips/videos/5c54c4bed8eafeecae16aef3' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nChina looks to create new Asian economic bloc\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eVientiane, Laos - 29 November 20041. Chinese Premier Wen Jiabao at bilateral meeting with Thai Prime Minister Thaksin Shinawatra2. Close up Wen3. Close up ThaksinBeijing, China - April 20044. Various of traffic5. Various of...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eVientiane, Laos - 29 November 2004\u003cbr/\u003e1. Chinese Premier Wen Jiabao at bilateral meeting with Thai Prime Minister Thaksin Shinawatra\u003cbr/\u003e2. Close up Wen\u003cbr/\u003e3. Close up Thaksin\u003cbr/\u003eBeijing, China - April 2004\u003cbr/\u003e4. Various of traffic\u003cbr/\u003e5. Various of construction\u003cbr/\u003eShanghai, China.  September 2004\u003cbr/\u003e6. Tilt down from shop signs to extremely crowded sidewalk\u003cbr/\u003eVientiane, Laos  - 29 November 2004\u003cbr/\u003e7. SOUNDBITE :(English) M.C. Abad, Spokesman for ASEAN Secretary-General: \u003cbr/\u003e\"The ASEAN six countries will accelerate the elimination of tariffs to 2007 of this eleven priority sectors.  These sectors include automobile-based products, textiles, manufacturing products, ICT ( information and communication technologies)  included.\"\u003cbr/\u003eGuangdong Province, China  -  May 2004\u003cbr/\u003e8. Circuit board being made\u003cbr/\u003e9. Worker in factory with circuit board\u003cbr/\u003eVientiane, Laos - 29 November 2004\u003cbr/\u003e10. SOUNDBITE :(English) Sihasak Phuangketkeow, Thai Foreign Ministry Spokesman:\u003cbr/\u003e\"I think we've gone beyond the stage of seeing China as a threat. The relationship has been moving steadily forward.  We, in fact, see China as an opportunity because the growth of China's economy has been a locomotive for the economies of the region.  We believe, as we link up economically with China through the free trade area and other forms of economic integration, it's bound to benefit both sides.\"\u003cbr/\u003eGuangdong province, China - May 2004\u003cbr/\u003e11. Worker making televisions\u003cbr/\u003e12. Televisions moving across assembly line\u003cbr/\u003eBangkok, Thailand - 25 November 2004\u003cbr/\u003e13. SOUNDBITE :(English) Gothom Arya, Secretary-General, Forum Asia:\u003cbr/\u003e\"So far China has not been expanding itself in military terms. It has not been a colonial power.  It has not really invaded another country. You\u003cbr/\u003ecould say something about Tibet, but that is to be debated.  So if China is following its historical role up to now we will not feel threatened.\u003cbr/\u003eOf course there will competition, but we would prefer economic and trade competition than military competition in this region.\"\u003cbr/\u003eVientiane, Laos - 29 November 2004\u003cbr/\u003e14. Various of Mekong river with houses on bank\u003cbr/\u003e15. Wen walking from podium\u003cbr/\u003e16. SOUNDBITE: (Mandarin) Wen Jiabao, Chinese Premier:\u003cbr/\u003e\"Firstly, we have signed the trade cooperation agreement.  Secondly, we have the agreement on settling disputes.  Thirdly, ASEAN has recognised\u003cbr/\u003eChina as an open market economy.  It indicates that the relationship between ASEAN and China has proceeded to a new phase of full\u003cbr/\u003ecooperation.\" \u003cbr/\u003e17. Chinese Foreign Minster Li Zhaoxing talking with ASEAN counterpart in meeting\u003cbr/\u003eSoutheast Asian nations and China signed an accord on Monday to create the world's biggest free trade area by removing tariffs for their 2 billion people by decade's end - a key step in their vision of a trade bloc to rival Europe and North America.\u003cbr/\u003eChinese Premier Wen Jiabao said the new accord would see the relationship between China and Southeast Asia proceed \"to a new phase of full cooperation.\" \u003cbr/\u003eWen witnessed the signing of the ASEAN-China accord as he attended the Association of Southeast Asian Nations' (ASEAN) annual leaders summit, which was held in Laos. \u003cbr/\u003eThe accord aims to remove all tariffs by 2010, drawing ASEAN's combined economies of 1 (t) trillion US dollars closer to China's economy of 1.4 (t) trillion US dollars. \u003cbr/\u003eThe success of the accord signing brings to light the changing perception of Beijing's image by its Southeast Asian neighbours. \u003cbr/\u003eWith the fastest growing economy in the region, China is now viewed as a very powerful, but also friendly neighbour.\u003cbr/\u003eBut unlike another formidable economic power, the US, China is perceived as engaging with Asia, whereas Washington is seen as looking inward and to the Middle East.\u003cbr/\u003eChina has also become a big spender and investor in Southeast Asia. \u003cbr/\u003eAs an aid donor, it rarely publicly criticises troubled countries like Myanmar and Cambodia that are often ostracised by much of the world.\u003cbr/\u003eAt one time, China's huge pool of cheap manufacturing labour intimidated Southeast Asia.\u003cbr/\u003eBut as the Chinese economy grew, so did its ability to buy from and invest in their neighbours.\u003cbr/\u003eSihasak Phuangketkeow, Thailand's Foreign Ministry Spokesman said \"I think we've gone beyond the stage of seeing China as a threat.\" \u003cbr/\u003ePhuangketkeow added: \"We believe as we link up economically with China through the free trade area and other forms of economic integration, it's bound to benefit both sides.\"\u003cbr/\u003eGothom Arya, Secretary-General, Forum Asia said \"so far China has not been expanding itself in military terms... so if China is following its historical role up to now we will not feel threatened.\"\u003cbr/\u003eThe new accord means the ten countries of ASEAN plan to adopt agreements with China to create the world's biggest free trade area by 2010, a 2.4 (t) trillion US dollar market of nearly two (b) billion people. \u003cbr/\u003eIt is seen as a key step in their vision of a trade bloc to rival Europe and North America.\u003cbr/\u003eASEAN has also announced that the six most advanced neighbours would accelerate abolishing tariffs on products equalling 50 percent of their trade with China.\u003cbr/\u003eHowever, there is one area where ASEAN and China have recently disagreed, concerning hydroelectric projects in the upper area of the Mekong\u003cbr/\u003eriver.\u003cbr/\u003eActivists say the Chinese dams have caused the water table on the Mekhong to drop steeply and Vietnam recently amended a resolution at a\u003cbr/\u003econservation meeting that China attended, to demand more consultation on use of the river.\u003cbr/\u003eThe Mekong is the longest river in the region with its source in Tibet; it forms the border of Laos and Myanmar and most of the border between Laos and Thailand. 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