Ju Jiandong, director of the Center for Economic Research at Tsinghua University in Beijing, has floated the idea of a “Chinese Union” that would consist of the following nine territories: China, Hong Kong, Macau, Taiwan, North Korea, South Korea, Vietnam, Singapore and Mongolia.
He adds, according to Want China Times:
With more challenges and obstacles facing international trade, Ju said that regional trade will be more active in the future. Because of this, he suggested the creation of a “Chinese Union” as a new and strong competitor to the European Union and North America — what Ju called a new era of Three Kingdoms, a reference to a period in classical Chinese history.
Ju suggested that the economic development of Far East nations is totally different from the experience of Europe and America. While the culture of the west emphasizes individualism, eastern cultures embrace a collective model. Because of this, Ju believes the nine aforementioned Asian countries and regions which share cultural similarities should work together for their mutual benefit.
We say, good luck to him in turning the idea into reality.