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China–ASEAN Trade Nears $1,05 Trillion as Surplus Hits $278 Billion

China and ASEAN are set to pass the trade threshold in 2025, with nearly $1.05 trillion in goods. That would leave China with a surplus that swells past $278 billion, a big step up from 2024. Vietnam, Thailand, Singapore, the ...
Southeast Asia
The China-Global South Project
China’s Fuel Export Ban to Further Tighten Asia Supply
Oil storage tanks at Tsing Yi port in Hong Kong on March 17, 2026. (Photo by Peter PARKS / AFP)
China's ban on exports of diesel, gasoline and jet fuel is poised to exacerbate fuel shortages and further boost prices for Asian industry and transportation buyers already grappling with tightening supplies caused by the U.S.-Israeli war against Iran. Even before the ban, ...

China–ASEAN Trade Nears $1,05 Trillion as Surplus Hits $278 Billion

China and ASEAN are set to pass the trade threshold in 2025, with nearly $1.05 trillion in goods. That would leave China with a surplus that swells past $278 billion, a big step up from 2024. Vietnam, Thailand, Singapore, the ...
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