SILKRAILS.WORDPRESS.COM (GCTL8.com – FOCUSASIA MEDIA Ltd)

LONDON, May 25 (FAM) – First-quarter trade lane figures show container trade within Asia rose by 23.5% year on year to 10.8m teu, following almost no growth in 2016, with Chinese trade to and from Southeast Asia showing the largest rise, of 36% to 3.4m teu.

“It has been over 10 years since China signed a trade pact with the 10 member states of the Association of Southeast Asian Nations in 2005 and while trade growth was initially muted it really started to accelerate quickly from 2009 onwards,” analysts Drewry said in a report on the region.

 

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