恒星英语学习网|VOA慢速英语:新冠疫情使得东盟成为中国最大贸易伙伴

恒星英语学习网|VOA慢速英语:新冠疫情使得东盟成为中国最大贸易伙伴
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【恒星英语学习网|VOA慢速英语:新冠疫情使得东盟成为中国最大贸易伙伴】SoutheastAsiancountrieshavebecomeChina'sbiggesttradingpartnerthisyear.Atthesametime,economicactivityinwealthiernationshasslowedbecauseofthespreadoftheCOVID-19disease.
ChinabeganeasingrestrictionsrelatedtoCOVID-19inMarch.VietnamandMalaysiaeasedtheirrestrictionssoonafter.Manycountriesinotherpartsoftheworldarestillstrugglingwithshutdowns,supplysystemreductionsandalackofpeoplebuyingproducts.
JonathanRavelasisthechiefmarketstrategistwithBancodeOroUniBankinthePhilippinecapitalManila.HesaidthatAsiancountriesfollowedCOVID-19shutdownrestrictionsmorecloselythanWesternnations.RavelastoldVOA,"Thewaywedothings...it'sbettertodealwithyourpeers.Andthat'sthereason(for)thepotentialbouncebackinAsia."
TheEuropeanUnion(EU)wasChina'stoptradingpartnerlastyearafterpushingouttheUnitedStates.Butanti-coronavirusclosureslimitedEU-Chinatradeinthefirstthreemonthsof2020,businessadvisinggroupDezanShira&Associatessays.
RajivBiswasisAsia-PacificchiefeconomistwithIHSMarkitinSingapore.HesaidfactoriesinEuropeboughtfewerpartsfromChinaandshippedfewerfinishedgoods,suchascars,backtoChina.
TheUnitedStateshasaweakertradepartnershipwithChinabecauseofincreasedimporttariffs.AsharpdecreaseinconsumerbuyingduringshutdownsacrosstheUnitedStatesfurtherreducedtrade.
Biswasadded,"thetradewar,andlockdownsthisyearhaveaffectedChina-U.S.trade.Andalso,withtheEU,sinceMarch,AprilandmostofMay,mostofEuropewasheavilyaffectedandinlockdown."
Becomingtoptradingpartner
ASEANmembercountriesandChinahadalsoreducedeachother'scostswithano-tarifftradedealthattookeffectin2010.ASEANandChinaareexpectedtosignanotherdeal,theRegionalComprehensiveEconomicPartnership,toimprovetradefurtherlaterthisyear.
RisingwagesamongSoutheastAsia's640millionpeoplepermitgrowingnumbersofChinesegoods,suchassmartphones,todowellinthemarket.IndustrializationofASEANmembercountrieshascreatedfactoriesthatbuymaterialsfromChinatomakefinishedgoods.TheproductsarethenoftensoldinChina.
ChineseimportsfromVietnamrose24percentinthefirstthreemonthsof2020comparedtothesametimeperiodof2019.ThevalueofgoodsfromIndonesiarose13percent.TheDezanShiragroupsaysthatincreaseisbecauseof"increasinglyintegratedsupplychains."
Chineseimportsofpartsforelectronicdevicesroseabout26percentearlythisyear.BiswassaidthatfactoriesinMalaysiaandThailandwerestillabletoproducethemwhenEuropeansuppliershadproblems.
ChinastilllookedtoSoutheastAsiaforpalmoil,rubberandprocessedfood,saidSongSengWun.HeisaneconomistwiththebankCIMBinSingapore.Hesaid,"Gradually,witheconomiessteppingoutfromthelockdownandgettingbackontheirfeet,thesethingsarestartingtoseeeconomicactivitiespickingup."
I'mJonathanEvans.
RalphJenningsreportedonthisstoryforVOANews.JonathanEvansadaptedthisstoryforLearningEnglish.HaiDowastheeditor.


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