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Unpacking China’s Merchandise Trade with ASEAN during the Global Pandemic

dc.contributor.authorXiaojun Li
dc.date.accessioned2021-08-23T03:27:38Z
dc.date.available2021-08-23T03:27:38Z
dc.date.issued2021-07-15
dc.identifier.issn2335-6677
dc.identifier.urihttp://hdl.handle.net/11540/13881
dc.description.abstractThe Covid-19 pandemic since early 2019 has drastically disrupted economic activities throughout the world. According to the World Trade Organization, global merchandise trade flows decreased by 5.3% in 2020.1 Against this backdrop, however, bilateral trade between China and ASEAN bucked the trend and reached $684.6 billion, a 6.7 percent increase from 2019. This propelled ASEAN to dethrone the European Union as China’s largest trading partner for the first time, while making China ASEAN’s largest trading partner for 12 years in a row. But there is more going on beneath the surface. The purpose of this Perspective is to move beyond the aggregate trade measures to uncover additional patterns in China’s trade with ASEAN countries during the global pandemic. Using monthly export and import data disaggregated by country and commodity, released by the General Administration of Customs (GAC) of China,3 this Perspective seeks answers to the following questions: (1) What factors contributed to ASEAN becoming China’s number one trading partner? (2) How did the pandemic and related measures imposed by governments affect bilateral trade between China and ASEAN member countries? (3) What has or has not changed in the trade pattern between China and ASEAN as a result of the global pandemic?
dc.languageEnglish
dc.publisherISEAS Yusof Ishak Institute
dc.titleUnpacking China’s Merchandise Trade with ASEAN during the Global Pandemic
dc.typeReports
dc.subject.expertRegionalism
dc.subject.expertRegional Economy
dc.subject.expertRegional Trading Arrangements
dc.subject.expertRegional Trade Integration
dc.subject.expertRegional Economic Integration
dc.subject.expertRegional Cooperation
dc.subject.expertInterregional Cooperation
dc.subject.expertTrade Disputes
dc.subject.expertTrade Barriers
dc.subject.expertFree Trade
dc.subject.expertTrade
dc.subject.expertTrade Agreements
dc.subject.expertIntraregional Trade
dc.subject.expertBorder regions
dc.subject.expertCross-border
dc.subject.adbGovernment Policy
dc.subject.adbRegional Organization
dc.subject.adbRegional Plans
dc.subject.adbEconomic integration
dc.subject.adbRegional Development Bank
dc.subject.adbPreferential tariffs
dc.subject.adbInternational negotiation
dc.subject.adbProtectionist measures
dc.subject.adbAccess to markets
dc.subject.adbEconomic agreements
dc.subject.adbInternational trade law
dc.subject.adbRegional integration
dc.subject.adbTrade relations
dc.subject.adbExports
dc.subject.adbEconomic integration
dc.subject.adbDistribution
dc.subject.adbDevelopment Bank
dc.subject.adbTrade policy
dc.subject.adbSmall Business
dc.subject.naturalRegional economics
dc.subject.naturalRegional planning
dc.subject.naturalRegional disparities
dc.subject.naturalInterregionalism
dc.subject.naturalRegional economic disparities
dc.subject.naturalRegional economic blocs
dc.subject.naturalIndustrial arbitration
dc.subject.naturalEuro
dc.subject.naturalInflation
dc.subject.naturalBusiness
dc.subject.naturalFinance
dc.subject.naturalFree trade
dc.subject.naturalTariff
dc.subject.naturalEconomic forecasting
dc.subject.naturalEnvironmental auditing
dc.subject.naturalCumulative effects assessment
dc.subject.naturalHuman rights and globalization
dc.title.seriesISEAS Perspective
dc.title.volumeIssue: 2021 No. 93
dc.contributor.imprintISEAS Yusof Ishak Institute
oar.themeRegional
oar.themeTrade
oar.adminregionEast Asia Region
oar.countryPeople's Republic of China
oar.identifierOAR-013238
oar.authorLi, Xiaojun
oar.importTRUE
oar.googlescholar.linkpresenttrue


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