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World News September 19, 2023

ASEAN leaders sustain positive outlook on Chinese economy

ASEAN leaders at the 20th China-ASEAN Expo in Nanning, China, praised China’s contributions to global economic growth and stability. They emphasized the importance of China-ASEAN cooperation and its role in regional and global economic stability. This year marks the 10th anniversary of the Belt and Road Initiative and the 20th anniversary of the China-ASEAN Expo, with bilateral trade between China and ASEAN reaching $975.34 billion in 2022. Leaders expressed commitment to strengthening cooperation, particularly in infrastructure development and trade relations, and called for deeper market openness, connectivity, and supply chain resilience in the future.

Source – CGTN

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