TOKYO — Risks to Asia's economy have increased from escalating trade tensions, China's property sector woes and the potential for further market turbulence, the International Monetary Fund (IMF) said on Friday.
Persistent downward price pressures from China can "provoke trade tensions" by hurting sectors in neighboring countries with similar export structures, the IMF said, urging Beijing to take steps to achieve a more demand-driven recovery for its economy.
