Standard Chartered eyes ASEAN development

As the bilateral trade and investment relationship between China and the Association of Southeast Asian Nations has become increasingly close, ASEAN has become the primary destination for overseas expansion of a growing number of Chinese companies.

The industrial, supply and value chains of China and ASEAN have become increasingly integrated. In addition, the ASEAN region is also one of the regions where the internationalization of the renminbi is progressing rapidly. These factors have brought broad development opportunities for Chinese companies in the region, especially in the areas of green economy, supply chain upgrading and digitalization.