Geopolitical tensions could hurt Asia growth, investments: IMF deputy MD

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Reuters

Rising territorial conflicts in the waters in Southeast Asia and political tensions in Thailand could dampen strong growth in the region and hurt investments if left unresolved, a senior official of the International Monetary Fund said on Wednesday.

"If the tension gets higher, it could have large impacts on the economies, especially in the case of this region where the countries are interconnected through supply chains," Naoyuki Shinohara, IMF deputy managing director, told Reuters on the sidelines of the World Economic Forum on East Asia in Manila.

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