Southeast Asia expands trade as a neutral hub in a divided world

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2024-11-21 01:28:06

Extra-regional trade is forecasted to grow USD 1.2 trillion in ten years, but deficits with China soar. Southeast Asia is rapidly expanding its global trade by pursuing diplomatic neutrality and engaging with various economies in conflict over political and economic issues. The region’s external trade is projected to rise by USD 1.2 trillion from 2022 to 2032, marking the largest...

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