ASEAN China Free Trade Agreement has been hailed as a landmark treaty to push for freer trade between China and ASEAN countries. With the establishment of commercial trees. Trade and investment between ASEAN and China is expected to increase significantly. But while the economic benefits inexorable extent of gains from closer integration hinges on ASEAN China economic relations and strengthen competitive in nature. In the current phase of development China and ASEAN have more competitive than complementary. Given the similar structure of trade and industry. ASEAN and China are also direct competitors for foreign investment. Replace the key investors in the others, even with these challenges. The trend of bilateral trade to flourish to light both China and ASEAN are linked to the economy. Overall, in the long run deep The ASEAN-China Summit in November 2000, then Chinese Premier Zhu Rongji proposed the creation of a free trade area between China and the Association of Southeast Asian Nation (ASEAN), the ASEAN China Free Trade Agreement l0 years. (FTAs), if materialized 2010 is expected to be marked in the future development of the economic relations between China and ASEAN. From the Chinese perspective An FTA with ASEAN is the only one of the three proposals to promote economic cooperation. And between China and Southeast regions closely
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