Intra-Asean flows gain ground even as US, China trade blows
Asian economies have gained from the resulting trade diversions, but Asian exports, which are inputs in China, may be hit when Chinese goods become expensive in the US
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Singapore
EVEN as all eyes are trained on US-China trade tensions and the possibility of a global recession, trading within the region has been trending upwards.
Data from the Asean Secretariat shows that intra-Asean merchandise exports have consistently accounted for the largest share of merchandise value among intra-Asean and dialogue partners.
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