In the wake of the U.S.-China trade conflict and the COVID-19 pandemic, there has been a notable shift in rhetoric toward supply chain independence and security, consequently challenging China's position as the leading global exporter. Across ASEAN, Vietnam appears to have benefited the most from the rearrangement of global export markets.
AMRO forecasts the region to grow 4.5% in 2024. Senior Economist Marthe Hinojales explains 4 main risks to this outlook.
This issue analyzes China’s and ASEAN’s trade performance to assess (1) if their respective contributions have materially changed; and (2) China’s changing comparative advantage across sectors and how the rest of the region may be adjusting to benefit from it.
Watch the highlights of the ASEAN+3 Regional Economic Outlook Update – July 2023.
Presentation by AMRO Chief Economist Hoe Ee Khor at ISEAS-AMRO Joint Webinar.
Presentation for the ASEAN+3 Region: Resilience amid Rising External Headwinds.
