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Solid but slowing GDP growth supports stable credit conditions in Asia in 2019
November 21 (6.56 mins)
Gary Lau, Lina Choi
In this 2019 Outlook podcast, Hong Kong-based Corporate Finance Managing Director Gary Lau and Vice President Lina Choi discuss the outlook for non-financial companies in Asia next year.
They outline the factors driving Moody’s expectation for stable credit conditions in 2019 and the risks to this outlook, providing a snapshot of credit conditions in some of the largest countries in the region.
Non-financial corporates – Asia (ex Japan): 2019 Outlook
Continued, though slowing, GDP growth in Asian and global economies will support stable credit conditions. Rated companies’ financial leverage will improve slightly on moderate earnings growth. China’s slowing economy to bring challenges; impact will vary by sector.
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