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 transcripthttps://bit.ly/2KO2jD0Read the bookhttps://www.adb.org/publications/slowdown-prc-structural-factors-and-implications-asiaAbout the author Willem Thorbecke is a senior fellow at Japan’s Research Institute of Economy, Trade and Industry.About the book editorsPeter Morgan is co-chair of the Research Department at the Asian Development Bank InstituteJustin Yi-fu Lin is director of the Center for New Structural Economics, Peking University, China.Guanghua Wan is director of the Institute of World Economy, Fudan University, China.Know more about ADBI’s work on PRChttps://bit.ly/2vVC0Yihttps://bit.ly/2vQ3fDf