Beijing Review

Taking on New Momentum

The novel coronavirus pandemic has cast a wide shadow upon the world economy. Nevertheless, trade between China and the Association of Southeast Asian Nations (ASEAN) is seemingly bucking the downward pressure.

Bilateral trade exceeded $481 billion in the first three quarters of the year. ASEAN rose to be China’s largest trading partner for the first time, overtaking the EU and the U.S., while China has remained ASEAN’s largest import-export market since 2010.

On November 30, the 17th China-ASEAN Expo (CAEXPO) wrapped up in Nanning, capital of Guangxi Zhuang Autonomous Region in

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