Home / Knowledge / News / ASEAN becomes China's third largest trading partner
ASEAN becomes China's third largest trading partner
11
Jun '10
In the first five months of this year, bilateral trade between China and the EU reached US $177.49 billion, up 37.4 percent year on year. Over the same period, bilateral trade between China and the United States realized US $138.68 billion, up 28.2 percent year on year.

The Association of Southeast Asian Nations (ASEAN) overtook Japan to become China's third largest trading partner by a narrow margin. Total bilateral trade between China and ASEAN amounted to US $111.8 billion in the first five months, up 57.5 percent year on year.

Among them, China's exports to ASEAN registered US $52.7 billion, up 46.2 percent year on year; China's imports from ASEAN represented US $59.1 billion, up 69.1 percent year on year, showing a deficit of US $6.4 billion in trade with ASEAN, while China achieved a trade surplus of US $1.09 billion in the same period in 2009.

Over the same period, bilateral trade between China and Japan fetched US $111.56 billion, up 38.8 percent year on year. Among them, China's exports to Japan stood at US $44.96 billion, up 22.8 percent year on year; China's imports from Japan marked US $66.6 billion, up 52.3 percent year on year; to chalk up a trade deficit of US $21.64 billion.

Fibre2fashion News Desk - China


Must ReadView All

Apparel/Garments | On 26th Sep 2017

US raises annual AGOA quota for textiles

The US Committee for the Implementation of Textile Agreements has...

Textiles | On 26th Sep 2017

Gujarat hopes extended textile policy to attract Rs 5000 cr

The Gujarat government feels that its recent decision to extend its...

Apparel/Garments | On 26th Sep 2017

Cash burn by e-tailers in India may double during festivals

During this year’s festival season, which has already started,...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search