This book examines the need for greater East Asian cooperation and the challenges to this grand endeavor. With differing national outlooks, how can East Asia preserve peace, prosperity and stability amidst geopolitical competition? To answer this question, the volume examines the political and economic relations between Beijing and its neighbors against the backdrop of two trends: the power shift from the West to the East in the aftermath of the American Financial Crisis and the ongoing eurozone crisis, as well as the rise of China. Contents: Introduction — China and East Asia: After the Wall Street Crisis (Peng Er Lam, Mu Yang and Yaqing Qin) East Asia's Political and Economic Architecture: East Asian Regionalism: Architecture, Approach and Attributes (Yaqing Qin) China in the Post-Financial Crisis East Asia: Towards a New Regional Economic Order (John Wong) China as the World's Second Largest Economy: Qualifications and Implications (Liping He) Trade and Investment Facilitation in East Asia: Development, Challenges and Cooperation (Ying Fan and Wentao Li) Elections in Hong Kong: International Perspectives and Implications for China (Bill K P Chou) Regionalism in the Post-Financial Crisis East Asia: Developments, Models and Proposals (Ling Wei) East Asian Community: Dream or Reality? (Peng Er Lam) China and Its Neighbors: Will China Give Up North Korea? (Young-Rok Cheong and Mee Joo Song) China's Investment in Southeast Asia: Trends and Prospects (Mu Yang and Catherine Siew Keng Chong) Defending ASEAN's “Centrality” Indonesia and the Politics of East Asian Regional Architecture in the Post-American Financial Crisis Era (Syamsul Hadi) Twenty Years of Sino–Singapore Diplomatic Ties: An Assessment (Liang Fook Lye) V