IIF flags heavy debt redemption ahead for emerging markets
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Tokyo
AUGMENTING a growing chorus of warnings about corporate debt levels in emerging-market economies, especially China, the Institute of International Finance (IIF) said on Wednesday that the "heavy redemption schedule ahead" could create strains.
The Washington-based organisation said: "Rising debt levels in emerging markets continue to represent a significant concern amid signs of declining credit quality, weaker corporate profitability and low productivity growth."
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