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How Asean can reduce its trade finance gap

Asean has a bright future, but a funding crisis risks stifling its potential. The trade bloc should look to Singapore as a leader in digital trade development and allow the region to become a global hub of trade and production.
How Asean can reduce its trade finance gap

In recent years, closer economic links between China and the Association of Southeast Asian Nations (Asean) have opened up new opportunities for trade and investment between the two. China has been Asean’s biggest trading partner since 2009, while Asean has been the third-largest trading partner of China since 2011, largely due to the Free Trade Agreement between the two.

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