Posts tagged ‘development’

Cash Talks: S&P cuts Asia’s credit history over financial obligation development

China may be among the world’s biggest and quickest developing economies. But rising financial obligation is fueling concerns over being able to keep up with the pace of their economic development. Ratings agency traditional and bad’s has decreased Asia’s sovereign debt rating. Mobin Nasir reports regarding the credit bubble threatening Asia’s economic climate and what it may indicate throughout the entire world.

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