HSBC: Asian Debt Has Exploded, But No Imminent StressMark Melin
With debt saturation in Asia applying to breaks to credit fueled growth, and domestic demand starting to “wobble,” financial market jitters are also placing a damper on growth in the region. But “imminent financial stress” is not in the cards with the caveat “imminent” being the operative hedge word, an HSBC report on “Asia’s debt squeeze” paints the picture that a “lasting” growth problem, punctuated with aging demographics, is likely to cloud the economic picture.
exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible