A report by Deutsche Bank argued that Chinese expansion was not hurting southeast Asia, although some nations in the region believed it was. Contrary to assumptions that China had sucked up investment coming into the region, the report found that the mainland's share of inward foreign direct investment had risen from 53 per cent in 1995 to 54 per cent in 2000, while in the same period Taiwan's share increased from 2.3 per cent to 6.5 per cent and South Korea's from 2 per cent to 13.6 per cent. The only major drop was recorded by Indonesia, whose share of FDI fell from 6.4 per cent to under 1 per cent.
Nor are China's exports crowding out those from southeast Asian countries. Over the past 10 years China's share of total world exports has risen from 1.8 per cent to 4 per cent, while southeast Asia's has grown from 4.3 per cent to 6.9 per cent. On the other hand, China's imports from southeast Asia totalled US$140bn in 2000, up from less than US$20bn in 1984.