Why ASEAN Countries Often Run Trade Surpluses

Quick Summary:

Many of the region's economies have pursued a model of export-oriented industrialization that was once championed and encouraged by Washington.

James Guild is an expert in trade, finance, and economic development in Southeast Asia.‘No Winners’ From Trade War, Xi Jinping Says During Vietnam VisitTrump’s Tariff Threat and Thailand’s Response: A Missing Piece on Defense?

The result is that for decades the U.S.built and championed a system of global trade where emerging markets could industrialize by exporting surplus production to the rest of the world.

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Article Details

Author / Journalist: James Guild

Category: Economy

Markets: United StatesAfghanistanCambodiaChinaGermanyIndiaIndonesiaSouth KoreaLaosMalaysiaMongoliaMyanmarPhilippinesSri LankaTaiwanThailandVietnam

Topics: Countries Economic Growth Trade Markets World Development Production Global Asia Southeast

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 14:27:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2356 words

Reading Time: 14 minutes read

Sentences: 96 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 27911962

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