ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Opinion

Beware Asia's growing debt bubble

Getting the balance right between supporting the recovery and avoiding calamity

| East Asia
An advertisement showing bank's interest rates in Seoul: it is not the level of debt that matters but the speed of increase.   © AP

Frederic Neumann is Co-head of Asian Economics Research at HSBC.

Give Asia's central bankers their credit. By taking swift and determined action, they have kept financial systems on an even keel during the pandemic, and their policies have cushioned the economic blow.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more