Global sovereign debt is not Asia's concern

In a world of deficient demand, Asia continues to fend off the fallout from the global sovereign debt crisis, participants in a panel discussion say.

As the rest of the world picks up the pieces from the global sovereign debt crisis, Asia seems to be weathering the fallout. On a country-by-country comparison, Asia's top dogs India and China are growing despite the stagnant US economy and the shrinking peripheral European states. And, for the time being, the healthy economic performance in Asia does not appear to be slowing.

Asia is in a strong position to weather another wave of economic slowdown, said Elena Okorotchenko, managing director of sovereign and public finance ratings for Asia at Standard and Poor's.

Okorotchenko was a part of a panel discussion at yesterday's Asia-Pacific Debt Investor Forum, arranged by AsianInvestor and FinanceAsia...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222