- ASEAN Economic Ministers from the ten ASEAN Member States and the Minister of Commerce, China met on 15 August 2009 for the 8th AEM-MOFCOM consultation.
- The Ministers noted that the trade between ASEAN and China still have great potential despite the global economic crisis. Total trade between ASEAN and China reached US$192.5 billion in 2008 according to ASEAN statistics and US$ 231.1 billion according to China’s statistics. This growth puts China as ASEAN’s third largest trading partner in 2009, accounting for 11.3% of ASEAN’s total trade. Chinese data showed a higher expansion of 14% to US$231.1 billion in 2008.
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