Asean, China will benefit from closer economic links: DPM Heng
The existing China-Singapore Chongqing Connectivity Initiative, for example, enabled a 30% jump in trade volume last year
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Beijing
TRADE between Asean and China grew last year in spite of the Covid-19 pandemic, and both sides would benefit from building closer economic links, Singapore Deputy Prime Minister Heng Swee Keat said on Friday.
Trade volume between the regional bloc and China grew 6.7 per cent last year despite the impact of the coronavirus outbreak, and is worth US$684.6 billion, according to figures from China's Commerce Ministry.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
