The ASEAN Opportunities

ASEAN overtook the EU as China’s largest trading partner in the first quarter of 2020.New business opportunities are emerging from the changing business landscape.
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Since the beginning of this year, ASEAN has risen to overtake the EU as China's top trading partner. Statistics for January through May show that trade between China and ASEAN reached RMB 1.7 trillion, up 4.2% yoy, accounting for 14.7% of China's total foreign trade. In terms of investment, from January to April this year, China's non-financial outward direct investment (ODI) in ASEAN reached US$3.94 billion, up 43.3% yoy and more than three times the growth rate of China's investment in 53 countries along the BRI. China and ASEAN will continue to develop and expand multi-lateral trade and even build a new value chain, which will play an essential role in global economic recovery.

HSBC will continuously support Chinese corporates achieve a new wave of business growth in the region by providing in-depth local knowledge and forward-looking insights.

ASEAN Rises to Become China's Top Trading Partner, Great Prospect for China + ASEAN Strategy

As the global supply chain is undergoing profound changes wrought by the COVID-19 pandemic,the process of  regional integration is increasingly taking place between China and ASEAN.

ASEAN Keeps Growing in the Post-COVID-19 Era, Chinese Companies to Adopt “Local + Regional” Strategies

It is important to have a comprehensive strategy to take advantage of ASEAN’s integration as well as the strength of each member market to optimize resources and develop their overall ASEAN business.

Faster Growth of ASEAN’s New Economy amid the Pandemic, A 4 trillion USD Consumer Market for Chinese Companies

Despite the unprecedented challenges posed by the COVID-19 outbreak to the global economy, new economy sectors have grown even faster amid the pandemic.

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Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.