China’s foreign trade with ASEAN, BRI up over Jan-Apr

China’s trade with the ASEAN and “Belt & Road Initiative” (BRI) countries maintained year-on-year growths over January-April, though China’s total foreign trade value fell 4.9% on year though the decline narrowed from the 6.4% for the first quarter of 2020, according to the release by the country’s General Administration of Customs (GACC) on May 7.

Over January-April, ASEAN safeguarded its position as China’s largest trade partner, with the value totalling Yuan 1.35 trillion ($190.9 billion), up 5.7% on year or accounting for 14.9% of China’s total foreign trade. China’s trade with BRI countries totaled Yuan 2.76 trillion, up 0.9% on year, or contributing to