On Tuesday in Kuala Lumpur, Association of Southeast Asian Nations (ASEAN) and China formally signed an upgraded free-trade agreement, dubbed version “3.0”, broadening trade collaboration into infrastructure, digital, green-economy and people-to-people exchanges.
The pact shows the Countries’ strategy of strengthening ties with China as trade between the two surged to about US$785 billion in the first nine months of 2025, up roughly 9.6% year-on-year. The deal comes amid heightened trade tensions with the Donald Trump administration in the United States.
According to China’s State Council, the revamped pact will expand cooperation on infrastructure, digital trade, green transition, trade facilitation and …