Caba: Asean-China US$1t trade set target achievable by 2025
KUALA LUMPUR, March 2 — The Asean-China bilateral trade target of US$1 trillion is possibly achievable by 2025, said the China-Asean Business Association .
“When China started to open its economy, these were the cities of focus. But now, there are so many cities in other provinces such as in the north and west, which have big potential for Asean enterprises to tap into,” he added. However, Lim noted that the region’s trade growth rate with China was faster than that with the EU and the US .Since its establishment in 2017, it has conducted 18 meetings with various Asean and Malaysian associations.
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