This article was first published in ASEANFocus Issue 6/2018
and republished by SCMP with permission on 3 January 2019.
Dr Zha Daojiong was Visiting Fellow with ISEAS - Yusof Ishak Institute from 17 July to 15 August 2018 and is Professor of International Political Economy at the School of International Studies, Peking University. Dr Dong Ting, Post-Doctoral Fellow at the School of International Studies, Peking University, contributed to this article.
To read the article, click here