China Asia Economy

Asia’s credit markets are flashing red alert

ChinaGoSmart CGS

Nov 19, 2022 - 11:57

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Asia’s credit markets are flashing red alert

Debt crisis fears are no longer theoretical as minor credit events from South Korea to the Philippines to Vietnam signal major trouble ahead. Korea, of course, has one of this region’s most leveraged financial systems and has had its fair share of credit crunches over the years. That’s why recent chatter about Korean credit spreads […]

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