Asia-Pacific economies getting closer
The interdependence of Asia-Pacific economies has increased since the turn of the millennium, research published by the Bank of Japan finds.
Using the Asian International Input-Output Table, the research shows that the production inducement coefficients of many Asia-Pacific countries have recently increased, especially those in East Asia and China most of all.
China is playing a more important role than ever as the main production centre of the region.
To read the research paper, click here
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