Read more at https://www.channelnewsasia.com/news/asia/china-banks-on-qinzhou-port-to-boost-trade-with-asean-10135692
(Updated: )
Ricky Lim ·
Bilateral trade between China and ASEAN countries hit a record high of US$515 billion last year, the fastest growth pace between China and any of its major trading partners.
With the new corridor, cargo can be shipped from Chongqing to Singapore within seven days, while the current route via the Yangtze River can take up to five times longer.
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This is how Win-Win outcome can be achieved for both ASEAN and China - that benefit both sides.
Trade and business is about benefitting both sides --- not like Trump like to fight here fight there - everything also want to win.
With the new corridor, cargo can be shipped from Chongqing to Singapore within seven days, while the current route via the Yangtze River can take up to five times longer.
--
This is how Win-Win outcome can be achieved for both ASEAN and China - that benefit both sides.
Trade and business is about benefitting both sides --- not like Trump like to fight here fight there - everything also want to win.
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