World Business News

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Asia will dominate world debt issuance in the next four years

Zone(s): Asia-Pacific ¦ Sector(s): Finance, Economy
[17 June 2014, CITY A.M.] By Michael Bird: The Asia-Pacific region will make up more of the corporate debt issued in the next four years than North America and Europe combined, according to a report released yesterday.

Of the $60 trillion (£35.32 trillion) that Standard & Poor’s (S&P) expects will be issued in business debt during the 2014-2018 period, China alone will make up more than a third and emerging Asian economies will take a larger share, driven upwards by stronger economic growth.

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