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Asia faces four post-crisis challenges, says GIC's Tan

Asia's financial institutions should take advantage of an unusually open playing field, says Tony Tan of Singapore's Government Investment Corporation.

Emerging markets, and particularly Asia, look set to play a leading global role in the coming years. But the region must negotiate four significant hurdles if it is to do so, said Tony Tan Keng Yam, deputy chairman of the Government Investment Corporation, the bigger of Singapore's two sovereign wealth funds. Speaking yesterday at the Commonwealth Economic Forum in Taipei, he reiterated concerns he had raised previously.

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