Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
Fears of possible debt crisis haunt ADB meet
Global debt has reached US$217 trillion - a record 325 per cent of world GDP - much of it in emerging non-financial corporations
This year's Asian Development Bank annual meeting took place in Yokohama under the threat of a possible military emergency involving North Korea. But a different kind of threat - that from a huge overhang of corporate debt in Asia and elsewhere - cast shadows over the ADB meeting.
PHOTO: REUTERS
Yokohama
THIS year's Asian Development Bank annual meeting took place in Yokohama under the threat of a possible military emergency involving North Korea. But a different kind of threat - that from a huge overhang of corporate debt in Asia and elsewhere - cast shadows over the ADB meeting...
Please log in to continue reading.
