Trade between China and South Asian nations surged to nearly $200 billion in 2024, cementing Beijing's role as a pivotal economic partner for the region. The milestone, announced at a State Council Information Office press conference on June 6, reflects a decade of steady growth averaging 6.3% annually.
China has maintained its position as the largest trading partner for Pakistan, Bangladesh, and other South Asian economies for consecutive years. This expansion comes as the 9th China-South Asia Expo (CSA Expo) unfolds in Kunming, Yunnan Province, from June 19-24. The event, held alongside the 29th China Kunming Import and Export Fair, showcases over 1,500 enterprises and aims to foster high-quality cooperation through specialized pavilions for digital economy and green development.
Analysts highlight the expo's timing amid shifting global supply chains, with South Asian markets increasingly seen as vital partners in manufacturing and technology sectors. The trade surge aligns with China's broader Belt and Road Initiative investments in regional infrastructure, which have improved connectivity for goods ranging from textiles to renewable energy components.
