Hold onto your smartphones, global trade just got a major glow-up! Over the past decade, China and ASEAN countries have transformed their economic partnership into what looks like a Marvel team-up for commerce – and the numbers are *chef’s kiss*
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Since formalizing their strategic partnership in 2003 (yes, the same year Netflix mailed its first DVD ), bilateral trade has skyrocketed to $911.7 billion in 2023 alone. Think of it like TikTok trends – once it gains momentum, there’s no stopping it! China’s been ASEAN’s #1 trading partner for 15 consecutive years, while ASEAN snagged China’s top spot four years running. Talk about mutual hustle!
This isn’t just about numbers – it’s tech collaborations, green energy projects, and supply chains smoother than your favorite K-pop choreography. For young professionals and entrepreneurs, this growth means new opportunities in everything from e-commerce to sustainable infrastructure across Southeast Asia.
Got FOMO? Check out the animated chart below (no spoilers, but prepare for ). Whether you’re studying global economics or planning your next business move, this partnership is rewriting the rules of 21st-century trade!
Reference(s):
cgtn.com