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Asia would be the biggest loser if the global economy splits up, IMF warns

Por: CNBC Business October 28, 2022

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Asia-Pacific has more to lose than any other region if the global trade system splits up in the wake of geopolitical tensions, the International Monetary Fund warned.Asia and Pacific countries could lose over 3% in gross domestic product if trade is cut off in sectors hit by recent U.S. chip sanctions on China and if non-tariff barriers in other areas are raised to Cold War-era levels, . That's twice the amount of projected global annual... + full article



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