China-ASEAN trade boom continues
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China has maintained a large volume of trade with ASEAN for years, even during the 2008 financial crisis and the COVID-19 pandemic.
As new business modes and industrial chains take shape, the global economy is increasingly interweaved, and the trade value between China and ASEAN has gained a growing momentum. ASEAN has grown into the largest trading partner in commodities with China since 2020, with the European Union and United States holding the second and third positions.
This chart on China's trade volume in goods with ASEAN and other major trade partners over a 15-year span sheds some light on China's economic interactions with the world.
Check it out to find more!