Rising geopolitical tensions have triggered a reshaping of global investment that threatens to depress growth and raise the risk of financial instability, the IMF has warned.
In reports published on Wednesday, the fund noted that foreign direct investment was increasingly flowing between countries that were geopolitical allies rather than those that were geographically close.
There had been a notable decline in investment between the US and China since 2015 as the countries increasingly view each other as strategic rivals.
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