Asia is clearly facing headwinds from the war in Ukraine and the lingering effects of Covid being much more pronounced in China, says IMF official
"In most countries, we are already seeing price pressures — the exception here being China and Japan, where price pressures remain subdued," she said.
"We are seeing China already taking policy measures, both monetary and fiscal. We expect fiscal policy to be expansionary in 2022. And the monetary policy actions are also helping," she said.
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