SUBSCRIBERS

Asia could be in for financial crisis or crash landing, officials warn

Problems brought by credit-fuelled growth may be bigger threat to region than US tightening

Published Fri, Dec 5, 2014 · 09:50 PM

Tokyo

CREDIT-FUELLED growth could end up producing financial crises in some Asian economies, a senior IMF official warned on Friday, while suggesting that this could be a greater threat to the region than any potential turbulence brought by monetary tightening in the US.

Chan…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes