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ASEAN overtakes EU as Shanghai's largest trading partner for first time
EconomyAsia Pacific26 JUN 2026

ASEAN overtakes EU as Shanghai's largest trading partner for first time

Shanghai customs data show ASEAN trade reached CNY70.1 billion in May, a 26% year-on-year increase that pushed the bloc narrowly ahead of the EU. Vietnam alone recorded a 110% surge, making it the primary driver of the shift.

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