SINGAPORE: Emmanuel Macron's victory in the French presidential election is "good news" for trade-reliant Asia as it eases fears of rising protectionism in Europe, the International Monetary Fund (IMF) said Tuesday.
Changyong Rhee, director of the fund's Asia and Pacific Department, said Macron's win over far-right candidate Marine Le Pen, an economic nationalist, had made him more optimistic that major trade tensions would ease.
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