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Economics & Trade

ASEAN trade posts record

The Association of Southeast Asian Nations (ASEAN) is on course to become China's fourth largest trade partner with volume between the two sides exceeding US$27.5bn in the first quarter of this year, up 25% from a year ago, state media reported. In 2004, trade volume between China and ASEAN reached a record high of US$105.9bn, up 35% over the previous year.

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