The intra-Asia trade extends from Japan and China to Myanmar and Indonesia. Home to some of the largest and fastest-growing economies in the world, intra-Asia trade is expected to continue strong because of the high level of manufacturing activity of goods for export, and the strong demand by the Asian middle class for imported goods made not just in North America and Europe, but from other countries in Asia.
For example, as reported by the JOC, Vietnam is China’s biggest trading partner in Southeast Asia, and trade between the two countries has been steadily growing over the recent years,” Naresh Potty, chief commercial officer of MCC told the JOC. “With direct connections and competitive transit times, shippers from China and Vietnam can reach their markets within a week.”
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