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We expect more Asian oil and gas companies to tap the bond market going forward, often to finance acquisitions outside the region.
The Asian credit market offers attractive opportunities to invest in select companies in high growth sectors, but careful credit analysis is essential.
China’s stimulus programs have created an overabundance of domestic steel capacity, as demand from domestic and export markets has fallen.
Emerging Asia will continue to perform well this year but will not be the world’s savior.