Asian economies should boost trade with each other to weather global shocks: IMF

Business

Asian economies hold some of the world’s greatest growth potential, but their ability to withstand global shocks could increasingly depend on how much they trade with each other, according to the International Monetary Fund (IMF). Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, tells CNA’s Elizabeth Neo that deeper regional integration could act as a buffer against mounting external risks, even as the region grapples with its heavy dependence on imported energy. Subscribe

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