Reported 25 days ago
The International Monetary Fund (IMF) has warned that escalating trade tensions, issues in China's property sector, and possible market volatility pose significant risks to Asia's economy. It emphasizes the importance of a demand-driven recovery in China and suggests that prolonged economic slowdown there could adversely affect the region and global economy. Although the IMF has slightly revised its growth forecasts for Asia upward, it remains cautious, citing concerns over geopolitical tensions and potential retaliatory tariffs that could further strain trade and investment.
Source: YAHOO