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Experts say Asian economy growth is slowing down due to trade war

Experts say Asian economy growth is slowing down due to trade war

The U.S.-China trade war that began in 2018 with the introduction of mutual customs duties may lead to a slowdown in the growth of the Asian economy by 0.5%, Reuters reported referring to the statement of IMF Managing Director Zhang Tao at the Asian Economic Forum.

Industrial output in January-February grew by 5.3% in China, which is below expectations and the slowest rate since the beginning of 2002.