China’s Trade with ASEAN Nations Jumps to $300 Billion in First Half of 2020

C

Aug. 21 (EIRNS)—China’s bilateral trade with members of the Association of Southeast Asian Nations (ASEAN) jumped by 5.6% to $299 billion during the first half of 2020, reflecting the growing development of the Belt and Road Initiative, of which all ten ASEAN nations are members.

The ASEAN grouping is now China’s largest trading. The nations of ASEAN are Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, Brunei, Myanmar, Cambodia, and Laos. During the first half of 2020, China’s trade with Vietnam leapt 18% and with Thailand by 9.2%. The trade involved products of electronics manufacturing, electricity generation, and also river and rail development.

Many nasty critics proclaim the Belt and Road is contracting or dying, but they are living in another world.

Add Comment

About Us

The Philippine LaRouche Society (PLS) is an organization devoted to presenting and promoting the ideas, works, policies, and culture that celebrate Man as created in the image and likeness of the Creator (imago viva Dei).

The PLS advocates government policies that are in the true spirit of the Constitution which protects and enhances the General Welfare. Like the founding fathers of the United States of America, and in the spirit of our own Republic’s founders, the PLS believes in that all men are created equal under God, and therefore have the inalienable rights to Life, Liberty, and the Pursuit of Happiness. Read more…

Get in touch

Questions? Comments? Contact us at +639272349009, larouchephilippines@gmail.com. Follow and Subscribe to PLS.