China Announces Leap in ASEAN Trade in First 7 Months of 2010
At the 9th China-ASEAN Economic Ministers’ Meeting, China's Minister of Commerce Chen announced that trade value between China and the Association of Southeast Asian Nations (ASEAN) went up 49.6% year-on-year in the first seven months to $161 billion, with ASEAN…
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enjoying a surplus of $7.54 billion. Chen also stated that the growth rate of ASEAN’s export to China is much higher than that of its imports from China.