Asia stands to lose big from U.S.-China trade war: IMF Asia chief

Region's supply chain links leave it vulnerable to fragmentation, Krishna Srinivasan says

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A container terminal in China. The U.S. and China account for more than 40% of the global economy. (cnsphoto via Reuters)

YUTA SAITO, Nikkei staff writer

NEW YORK -- A world left fragmented by tensions between the U.S. and China could pose "significant" economic consequences for Asia, senior International Monetary Fund official Krishna Srinivasan warned during a recent interview with Nikkei.

"Increased trade tensions will result in economic losses not just for China and the U.S., but for Asia as a whole, given the region is highly integrated into global supply chains," said Srinivasan, who directs the IMF's Asia and Pacific Department.

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