Home Moody’s: Asia-Pacific region to see a lower default rate in 2021

Moody’s: Asia-Pacific region to see a lower default rate in 2021

Updated: 4 Feb. 2021 | 03:37

In its latest report, Moody’s Investors Service said that the Asia-Pacific region is likely to experience a lower default rate in 2021, courtesy of the economic recovery and continuing monetary policy support.

Additional takeaways

“Faster economic growth in the region compared to elsewhere, to be led by China.”

“Forecast China GDP growth of 7% in 2021.”

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