ASEAN-CHINA FREE TRADE AREA, ARE WE READY?

This paper aims to analyze the readiness of ASEAN member countries and China in dealing with the implementation of ACFTA in 2015. The existing conditions being observed are macroeconomic, international trade, the private sector and the Þ nancial sector. On the macroeconomic condition ( GDP per capita, inß ation and reserves ) show that China with the largest GDP and reserves potentially as a driver of the market. In the international trade ( exports and import of goods and services as share of GDP ) , Singapore has its share of trade almost quadrupling of its GDP. Private and public sector ( Strength of Legal Rights Index Ease of Doing Business Index and Global Competitiveness Index ) shows that Singapore is a country that is most conducive to doing business. On the Þ nancial sector ( lending rate and domestic credit) , shows lower lending rate can promote domestic credit to private sector