Commentary: ASEAN Is Not a Repackaging Center for Chinese Goods
Listen to the full version

As the Association of Southeast Asian Nations experiences rapid economic expansion, trade between China and ASEAN has more than doubled over the past decade, officially surpassing the $1 trillion mark in 2025.
Amid the accelerated restructuring of global supply chains, a crucial debate has emerged among global investors and policymakers: Has ASEAN evolved into a genuine global manufacturing hub, or is it merely functioning as a trade conduit to bypass international tariffs?
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Save an extra $50. Introductory offer for new readers. Subscribe now.



