TOKYO -- Yi Xiaozhun, China's former vice minister of commerce, on Thursday cautioned that trade-dependent Asian countries would be the first to bear the brunt of falling trade flows should the war in Ukraine drag on.
The Future of Asia 2022
China ex-official warns of Ukraine war's impact on Asian trade
Economic setback may be similar to 2008 financial crisis, says former WTO envoy
Yi Xiaozhun, China's former vice minister of commerce, warns the Ukraine war could trigger economic problems comparable to the 2008 financial crisis. (Photo by Tomoki Mera)
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