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EM debt levels a worry but Asia crash fears seen overdone

Richard Newell
The Bank for International Settlements' chief economist has characterised the situation in certain countries as a "financial boom gone wrong". AsianInvestor gauged experts' response.
EM debt levels a worry but Asia crash fears seen overdone

A new financial crisis in Asia's emerging markets is not imminent say market observers and investors, despite warnings from the Bank for International Settlements (BIS) about heightened levels of corporate and household debt in some countries.

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