The South China Sea Dispute Led To Shishi Garment Exports ASEAN'S Sudden Atrophy.

The Vietnamese navy has held large-scale military exercises in the South China Sea. Joint military exercises between Philippines and the US armed forces have been held in Brunei.

According to the Shishi daily in Fujian, the export of Shishi garments and footwear exports to ASEAN in May suddenly collapsed.

Since the establishment of the China ASEAN Free Trade Area in January 1, 2010, bilateral and multilateral relations have been developing rapidly.

However, the export of Shishi exports to ASEAN in May suddenly collapsed.

According to statistics from Shishi Office of Fujian entry exit inspection and Quarantine Bureau, 1-4 months in this year, Fujian Shishi port exported 432 batches of goods to ASEAN countries and 25 million 948 thousand US dollars, up 19.6% and 40.6% respectively over the same period.

In the 1-5 month, Shishi port exported 522 batches of goods to ASEAN and 32 million 28 thousand US dollars, up by -59.9% and -48.3% respectively.

It was observed that the export of Shishi exports to ASEAN was suddenly shrunk or related to the South China Sea dispute between China and Southeast Asian countries.

The South China Sea dispute has been going on for a long time, and it is not a cold day. The continuous ferment of the South China Sea dispute is bound to have an impact on the bilateral economic and trade.

In addition, with the EU's cancellation of anti-dumping duties on China, stone lions are increasing.