diff --git a/include/flatbuffers/flexbuffers.h b/include/flatbuffers/flexbuffers.h
index 870bc83a2..1bc3e0f3b 100644
--- a/include/flatbuffers/flexbuffers.h
+++ b/include/flatbuffers/flexbuffers.h
@@ -65,7 +65,9 @@ enum Type {
   FBT_VECTOR_UINT = 12,
   FBT_VECTOR_FLOAT = 13,
   FBT_VECTOR_KEY = 14,
-  FBT_VECTOR_STRING = 15,
+  // DEPRECATED, use FBT_VECTOR or FBT_VECTOR_KEY instead.
+  // Read test.cpp/FlexBuffersDeprecatedTest() for details on why.
+  FBT_VECTOR_STRING_DEPRECATED = 15,
   FBT_VECTOR_INT2 = 16,  // Typed tuple (no type table, no size field).
   FBT_VECTOR_UINT2 = 17,
   FBT_VECTOR_FLOAT2 = 18,
@@ -88,7 +90,7 @@ inline bool IsTypedVectorElementType(Type t) {
 }
 
 inline bool IsTypedVector(Type t) {
-  return (t >= FBT_VECTOR_INT && t <= FBT_VECTOR_STRING) ||
+  return (t >= FBT_VECTOR_INT && t <= FBT_VECTOR_STRING_DEPRECATED) ||
          t == FBT_VECTOR_BOOL;
 }
 
@@ -212,26 +214,40 @@ class Object {
   uint8_t byte_width_;
 };
 
-// Stores size in `byte_width_` bytes before data_ pointer.
+// Object that has a size, obtained either from size prefix, or elsewhere.
 class Sized : public Object {
  public:
-  Sized(const uint8_t *data, uint8_t byte_width) : Object(data, byte_width) {}
-  size_t size() const {
+  // Size prefix.
+  Sized(const uint8_t *data, uint8_t byte_width) :
+    Object(data, byte_width), size_(read_size()) {}
+  // Manual size.
+  Sized(const uint8_t *data, uint8_t byte_width, size_t sz) :
+    Object(data, byte_width), size_(sz) {}
+  size_t size() const { return size_; }
+  // Access size stored in `byte_width_` bytes before data_ pointer.
+  size_t read_size() const {
     return static_cast<size_t>(ReadUInt64(data_ - byte_width_, byte_width_));
   }
+ protected:
+  size_t size_;
 };
 
 class String : public Sized {
  public:
-  String(const uint8_t *data, uint8_t byte_width) : Sized(data, byte_width) {}
+  // Size prefix.
+  String(const uint8_t *data, uint8_t byte_width)
+    : Sized(data, byte_width) {}
+  // Manual size.
+  String(const uint8_t *data, uint8_t byte_width, size_t sz)
+    : Sized(data, byte_width, sz) {}
 
   size_t length() const { return size(); }
   const char *c_str() const { return reinterpret_cast<const char *>(data_); }
-  std::string str() const { return std::string(c_str(), length()); }
+  std::string str() const { return std::string(c_str(), size()); }
 
   static String EmptyString() {
-    static const uint8_t empty_string[] = { 0 /*len*/, 0 /*terminator*/ };
-    return String(empty_string + 1, 1);
+    static const char *empty_string = "";
+    return String(reinterpret_cast<const uint8_t *>(empty_string), 1, 0);
   }
   bool IsTheEmptyString() const { return data_ == EmptyString().data_; }
 };
@@ -279,6 +295,7 @@ class TypedVector : public Sized {
 
   Type ElementType() { return type_; }
 
+  friend Reference;
  private:
   Type type_;
 
@@ -487,17 +504,22 @@ class Reference {
   float AsFloat() const { return static_cast<float>(AsDouble()); }
 
   const char *AsKey() const {
-    if (type_ == FBT_KEY) {
+    if (type_ == FBT_KEY || type_ == FBT_STRING) {
       return reinterpret_cast<const char *>(Indirect());
     } else {
       return "";
     }
   }
 
-  // This function returns the empty string if you try to read a not-string.
+  // This function returns the empty string if you try to read something that
+  // is not a string or key.
   String AsString() const {
     if (type_ == FBT_STRING) {
       return String(Indirect(), byte_width_);
+    } else if (type_ == FBT_KEY) {
+      auto key = Indirect();
+      return String(key, byte_width_,
+                    strlen(reinterpret_cast<const char *>(key)));
     } else {
       return String::EmptyString();
     }
@@ -588,8 +610,18 @@ class Reference {
 
   TypedVector AsTypedVector() const {
     if (IsTypedVector()) {
-      return TypedVector(Indirect(), byte_width_,
-                         ToTypedVectorElementType(type_));
+      auto tv = TypedVector(Indirect(), byte_width_,
+                            ToTypedVectorElementType(type_));
+      if (tv.type_ == FBT_STRING) {
+        // These can't be accessed as strings, since we don't know the bit-width
+        // of the size field, see the declaration of
+        // FBT_VECTOR_STRING_DEPRECATED above for details.
+        // We change the type here to be keys, which are a subtype of strings,
+        // and will ignore the size field. This will truncate strings with
+        // embedded nulls.
+        tv.type_ = FBT_KEY;
+      }
+      return tv;
     } else {
       return TypedVector::EmptyTypedVector();
     }
diff --git a/tests/test.cpp b/tests/test.cpp
index 80c18768e..cc6086a9d 100644
--- a/tests/test.cpp
+++ b/tests/test.cpp
@@ -2813,6 +2813,68 @@ void FlexBuffersTest() {
   TEST_EQ_STR(jsontest, jsonback.c_str());
 }
 
+void FlexBuffersDeprecatedTest() {
+  // FlexBuffers as originally designed had a flaw involving the
+  // FBT_VECTOR_STRING datatype, and this test documents/tests the fix for it.
+  // Discussion: https://github.com/google/flatbuffers/issues/5627
+  flexbuffers::Builder slb;
+  // FBT_VECTOR_* are "typed vectors" where all elements are of the same type.
+  // Problem is, when storing FBT_STRING elements, it relies on that type to
+  // get the bit-width for the size field of the string, which in this case
+  // isn't present, and instead defaults to 8-bit. This means that any strings
+  // stored inside such a vector, when accessed thru the old API that returns
+  // a String reference, will appear to be truncated if the string stored is
+  // actually >=256 bytes.
+  std::string test_data(300, 'A');
+  auto start = slb.StartVector();
+  // This one will have a 16-bit size field.
+  slb.String(test_data);
+  // This one will have an 8-bit size field.
+  slb.String("hello");
+  // We're asking this to be serialized as a typed vector (true), but not
+  // fixed size (false). The type will be FBT_VECTOR_STRING with a bit-width
+  // of whatever the offsets in the vector need, the bit-widths of the strings
+  // are not stored(!) <- the actual design flaw.
+  // Note that even in the fixed code, we continue to serialize the elements of
+  // FBT_VECTOR_STRING as FBT_STRING, since there may be old code out there
+  // reading new data that we want to continue to function.
+  // Thus, FBT_VECTOR_STRING, while deprecated, will always be represented the
+  // same way, the fix lies on the reading side.
+  slb.EndVector(start, true, false);
+  slb.Finish();
+  // So now lets read this data back.
+  // For existing data, since we have no way of knowing what the actual
+  // bit-width of the size field of the string is, we are going to ignore this
+  // field, and instead treat these strings as FBT_KEY (null-terminated), so we
+  // can deal with strings of arbitrary length. This of course truncates strings
+  // with embedded nulls, but we think that that is preferrable over truncating
+  // strings >= 256 bytes.
+  auto vec = flexbuffers::GetRoot(slb.GetBuffer()).AsTypedVector();
+  // Even though this was serialized as FBT_VECTOR_STRING, it is read as
+  // FBT_VECTOR_KEY:
+  TEST_EQ(vec.ElementType(), flexbuffers::FBT_KEY);
+  // Access the long string. Previously, this would return a string of size 1,
+  // since it would read the high-byte of the 16-bit length.
+  // This should now correctly test the full 300 bytes, using AsKey():
+  TEST_EQ_STR(vec[0].AsKey(), test_data.c_str());
+  // Old code that called AsString will continue to work, as the String
+  // accessor objects now use a cached size that can come from a key as well.
+  TEST_EQ_STR(vec[0].AsString().c_str(), test_data.c_str());
+  // Short strings work as before:
+  TEST_EQ_STR(vec[1].AsKey(), "hello");
+  TEST_EQ_STR(vec[1].AsString().c_str(), "hello");
+  // So, while existing code and data mostly "just work" with the fixes applied
+  // to AsTypedVector and AsString, what do you do going forward?
+  // Code accessing existing data doesn't necessarily need to change, though
+  // you could consider using AsKey instead of AsString for a) documenting
+  // that you are accessing keys, or b) a speedup if you don't actually use
+  // the string size.
+  // For new data, or data that doesn't need to be backwards compatible,
+  // instead serialize as FBT_VECTOR (call EndVector with typed = false, then
+  // read elements with AsString), or, for maximum compactness, use
+  // FBT_VECTOR_KEY (call slb.Key above instead, read with AsKey or AsString).
+}
+
 void TypeAliasesTest() {
   flatbuffers::FlatBufferBuilder builder;
 
@@ -3237,6 +3299,7 @@ int FlatBufferTests() {
   JsonDefaultTest();
   JsonEnumsTest();
   FlexBuffersTest();
+  FlexBuffersDeprecatedTest();
   UninitializedVectorTest();
   EqualOperatorTest();
   NumericUtilsTest();