Trade Linkages, FDI and Business Cycle Synchronization

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The book delves into the complex relationship between trade integration and business cycle synchronization among Asian countries, highlighting how increased trade can lead to varying outcomes. It distinguishes between intra-industry and inter-industry trade, noting that the former may enhance synchronization while the latter could diminish it. Set against the backdrop of China's sustainable growth, the research offers timely insights into international trade dynamics and financial interdependence, culminating in policy recommendations for navigating global economic fluctuations.