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De-risking could hurt global growth: IMF chief economist

Pierre-Olivier Gourinchas says Japan needs nimbler inflation policy

The International Monetary Fund's chief economist Pierre-Olivier Gourinchas speaks with Nikkei during an interview in Tokyo on May 30 (Photo by Akira Kitado)

TOKYO -- The global economy risks being turned into fragmented blocks weighed by slower growth, said IMF Chief Economist Pierre-Olivier Gourinchas, as some Western nations move to cut their dependence on China.

Last month, the Group of Seven rich industrialized nations wrapped up a summit in Japan with a pledge to diversify critical supply chains and de-risk, but not decouple, from the world's second-largest economy as tensions soar between China and the West.

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