Asia's reliance on trade, tourism weighs on COVID-19 recovery: IMF

Region lauded for swift responses but governments urged to restructure priorities

GWEN ROBINSON, Nikkei Asian Review editor-at-large

BANGKOK -- Asian economies could fare better than those of their key trading partners in 2020 amid the COVID-19 pandemic, with a projected growth rate of 1% for emerging Asia and 0% for Asia as a whole. The numbers contrast to the sharp 3% global contraction projected by the International Monetary Fund, according to Changyong Rhee, the IMF's Asia-Pacific director.

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