As per reports, in the first 10 months of this year, China’s exports to the US plunged nearly 18 per cent compared to the same period last year, while shipments to the ASEAN bloc reportedly increased by 14 per cent and to the EU jumped more than 7 per cent.
The 11-member ASEAN bloc ranks as China’s largest trading partner, with last year’s bilateral trade reportedly hitting a massive $771 billion.
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China’s ASEAN outreach: What’s fuelling its strong regional push?
