Moody’s Investors Service says that credit conditions in Asia will be stable in 2018, supported by broad-based regional and global economic growth, a recovery in global trade, and broadly accommodative monetary policy.
Moody’s view is in turn reflected in its outlooks for the region’s sovereigns, and banking and corporate sectors, which saw increasing shares of stable and positive outlooks in 2017. At the same time, various downside risks are apparent, including tighter financing conditions, the threat of increased trade protectionism and geopolitical tensions.
