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China still serves as a leading production hub in Asia, but it is interesting to look at recent production unbundling in ASEAN and India. Catalyzed by increasing labor costs in China, production networks have begun to extend to ASEAN and India. As ASEAN and India have young and large...
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Regional economic cooperation and integration has assumed a new urgency for countries in Southern Asia in the aftermath of the global financial crisis with the advanced economies, traditional locomotives of the world economy, facing a new normal of slowdown.
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