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PR Newswire
17-05-2013, 09:36 AM
This is a news worth a deeper look for investor in AP...Well not now but 4 years in the future...
Asia-Pacific corporate debt to dwarf that of developed markets
BEIJING — Asia-Pacific corporate borrowing will exceed the combined debt from the United States, the eurozone, Canada and the United Kingdom in four years amid a surge in Chinese funding demand, according to Standard & Poor’s.
Non-financial entities in the region will probably borrow between US$25 trillion (S$31.1 trillion) and US$27 trillion from this year to 2017, about half of the bonds and loans that will be sought globally in that period, it said yesterday. That would boost Asia-Pacific debt to as much as US$32 trillion by 2017, exceeding the projected US$31 trillion total for the four North American and Western European economies, the ratings company said.
http://www.todayonline.com/business/asia...ed-markets
Asia-Pacific corporate debt to dwarf that of developed markets
BEIJING — Asia-Pacific corporate borrowing will exceed the combined debt from the United States, the eurozone, Canada and the United Kingdom in four years amid a surge in Chinese funding demand, according to Standard & Poor’s.
Non-financial entities in the region will probably borrow between US$25 trillion (S$31.1 trillion) and US$27 trillion from this year to 2017, about half of the bonds and loans that will be sought globally in that period, it said yesterday. That would boost Asia-Pacific debt to as much as US$32 trillion by 2017, exceeding the projected US$31 trillion total for the four North American and Western European economies, the ratings company said.
http://www.todayonline.com/business/asia...ed-markets
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