Supply chains are shifting toward countries with open economies and competitive labor. Lowering trade barriers within Asia could deliver sizable long-term gains. Deeper trade agreements and openness to investment are key. Explore our latest outlook for Asia: https://www.imf.org/en/Publications/REO/APAC/Issues/2025/10/24/regional-economic-outlook-for-asia-and-pacific-october-2025?cid=sm-com-x-AM2025-REOAPDEA2025002(IMF)