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Coronavirus: Asian governments will have to decide which sectors, firms should be saved from pandemic

The impact of the coronavirus pandemic on Asian economies could be much more severe and last longer than initially expected, especially if a second wave of infection takes off, according to a top International Monetary Fund official.Policymakers will face tough choices as to which economic sectors and businesses should be supported or saved, said Changyong Rhee, director of the IMF’s Asia and Pacific Department, in an exclusive interview with the South China Morning Post.Within Asia, only China…

Read the original article at South China Morning Post

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