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International Production Networks: Comparison between China and ASEAN
Although East Asia experiences splendid economic growth with the development of international production networks, remaining development gaps across countries and regions are still large. This paper compares regions within China and countries in ASEAN in terms of the degree of participation in international production networks and discusses similarities and differences between China and ASEAN in the conceptual framework of extended fragmentation theory. Examining intra-East-Asian exports of machinery products by regions/countries, we find that China and ASEAN share a number of common features. However, China presents a hint of convergence in regional trade patterns while ASEAN seems to stagnate in its trickle-down effects on latecomers.