ADB; Wignaraja, Ganeshan; Zhuang, Juzhong; Mariasingham, Mahinthan J.; Dumaua-Cabauatan, Madeline2021-10-052021-10-052017-029789292577391978929257740720717202 22182675https://www.adb.org/publications/changing-patterns-trade-gvc-postcrisis-asiahttps://hdl.handle.net/20.500.14540/5245Sophisticated and geographically dispersed global value chains have emerged as an important feature of Asia’s economic success, particularly in East Asia. This brief examines changing patterns of trade and global value chains (GVCs) in developing Asia, focusing on the period since the crisis. It analyzes the export slowdown in real terms and in relation to real GDP growth for the region and for major economies. It then attempts to explain the export slowdown. Finally, it considers emerging new trading opportunities in the region and policy suggestions.8Industry and trade