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During World War II, Japanese expansionism with its imperialist aspirations through the Greater East Asia Co-Prosperity Sphere would incorporate Korea, Taiwan, much of eastern China and Manchuria, Hong Kong, and Southeast Asia under its control.
The Imperial Chinese tributary system was the bedrock of network of trade and foreign relations between China and its East Asian tributaries, which helped to shape much of East Asian affairs during the ancient and medieval eras.
In business and economics, "East Asia" is sometimes used to refer to a wide geographical area covering ten Southeast Asian countries in ASEAN, People's Republic of China, Taiwan, Japan and South Korea.
However, in this context, the term "Far East" is used by the Europeans to cover ASEAN countries and the countries in East Asia.
However, being a Eurocentric term, Far East describes the region's geographical position in relation to Europe rather than its location within Asia.
Alternatively, the term "Asia Pacific Region" is often used in describing East Asia, Southeast Asia as well as Oceania.
The Korean peninsula became independent but then it was divided into two rival states, while Taiwan became the main territory of de facto state Republic of China after the latter lost Mainland China to the People's Republic of China in the Chinese Civil War.