China has been reaching out to Southeast Asian nations to boost trade and economic cooperation. Photo: AFP
China has been reaching out to Southeast Asian nations to boost trade and economic cooperation. Photo: AFP

China urged to leverage Southeast Asia-led trade pact amid diversification trends

  • Regional Comprehensive Economic Partnership (RCEP) allows China to diversify its supply chain and enhance ties with Southeast Asia, economists say
  • The trade deal not only helps China mitigate global supply chain risks caused by the pandemic, but to capitalise on the ‘growing middle class in Southeast Asia’

China has been reaching out to Southeast Asian nations to boost trade and economic cooperation. Photo: AFP
China has been reaching out to Southeast Asian nations to boost trade and economic cooperation. Photo: AFP
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