{
Association of Southeast Asian Nations

Companies

}

asean benefits from us china trade tensions despite future risks

ASEAN is emerging as a key beneficiary of escalating U.S.-China trade tensions, according to the IMF. The region has strengthened trade and investment ties with both superpowers, increasing its market share of imports and attracting foreign direct investment, despite some members experiencing slower export growth. However, the IMF cautions that rising geopolitical pressures could pose risks to future growth, particularly through potential global economic fragmentation.
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08:31 01.11.2024
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