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You are at: Home » Editorial » ASEAN vulnerability to Chinese trade trap ASEAN vulnerability to Chinese trade trap Want create site? Find Free WordPress Themes and plugins. It was Chinese BRI (Belt Road Initiative), which turned debt trap for some developing nations. Sri Lanka and Pakistan are the cases in point. Now, it is RCEP, which tends to be Chinese trade trap for ASEAN. Ever since ASEAN signed FTA with China, trade balance of ASEAN turned volatile. Export growth dwindled and import surged. ASEAN entered FTA with China in 2010. At that time, ASEAN export to China accounted for...
