Asia's Developing Future

The bulk of Asia’s exports runs through, rather than to, the People’s Republic of China, leaving the region more exposed to downturns and anti-trade sentiments in developed countries than to a domestic slowdown in China. Governments should promote domestic growth and trade within Asia to lessen that exposure, economists argue in a new book by the Asian Development Bank Institute, Slowdown in the People’s Republic of China, Structural Factors and the Implications for Asia. Peter Morgan, co-chair of the research department at ADBI and one of the editors of the book, explains the conclusions of a paper by Willem Thorbecke of Japan’s Research Institute of Economy, Trade and Industry. Read the transcript https://bit.ly/2KO2jD0 Read the book https://www.adb.org/publications/slowdown-prc-structural-factors-and-implications-asia About the author Willem Thorbecke is a senior fellow at Japan’s Research Institute of Economy, Trade and Industry. About the book editors Peter Morgan is co-chair of the Research Depar