12/1/2020, 3:58 AM (Source: TeleTrader)
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HSBC: China overtakes US dominance in Asia-Pacific

China is now the largest overseas market for firms in the Asia-Pacific region, an HSBC survey revealed on Tuesday. The move means that China overtook the United States to become economically the most dominant in the region.

According to the data, 29% of companies that took part in the survey stated that China was their largest trading partner.

Meanwhile, 28% named the US as their top trading partner.

Breaking the News / VP