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Asian ties can fuel growth amid Ukraine, China risks: ADB economist

Albert Park says region still has 'strong commitment to openness and integration'

A medical worker provides instructions at a mobile fever clinic in Huaian, China, on Dec. 25. The country's COVID-19 management is a key factor for Asia's economic outlook.   © Reuters

TOKYO -- The Ukraine war and China's COVID-19 management are the biggest headwinds for Asia in the coming year, the Asian Development Bank's chief economist said in a recent interview while stressing that the region's appetite for economic integration can still be a "powerful force" for future growth.

"If you are in Asia, and talking to leaders, there is a pretty strong commitment to openness and integration, and trying to restore normal trade relations based on multilateral frameworks," Albert Park told Nikkei Asia in Tokyo, as U.S.-China tensions and sanctions on Russia strain global trade links.

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