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ASEAN-China Trade Surges Following Free Trade Area Upgrade

11/5/2025

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Story summary
  • The ASEAN-China Free Trade Area 3.0 Upgrade Protocol, signed on October 28, aims to deepen economic cooperation and regional integration.
  • Officials at the ASEAN Media Partners Cooperation Week in Nanning expressed optimism about stronger trade ties.
  • Bilateral trade reached $597 billion in the first seven months of 2025, up 8.2% year-on-year.
  • China remains ASEAN's largest trading partner.
  • ASEAN has been China's top partner for five years, underscoring integrated supply chains.