亚洲金融风暴的阵痛犹在,东亚各国间金融合作已摆上桌面.然而在差异极大的各亚洲经济体之间进行金融合作,其 进程注定是渐进的.发展亚洲债券市场是一个尝试,而实现亚洲单一货币,还只是远景目标.“,”In the wake of Asian financial crisis, Asian nations found obliged to reinforce their financial cooperation apart from the close link on trade and investment. However, the sharp differences on financial and economic regimes among Asian countries have made it difficult to impel the process. Just from the beginning, the establishment of Asian Bond Market, some experts argued, may be a feasible plan, but the tradable currency should be the local currency rather than the US dollar. Moreover, the birth of the singular currency in Asian nations is far form realization for the lack of stable currency exchange mechanism among those countries. And the comparison of power between Chinese RMB and Japanese yen has intrigued more suspicion on which one will be the candidate for the singular Asia currency. In spite of the above difficulties, the Asian financial cooperation is vital and irreplaceable to Asia and the rest of the world.