McKinsey sees 'ominous' signs of another Asian debt crisis
McKinseys warning shot comes as a slowing global economy puts pressure on earnings at Asian companies.:
By Subhadip SircarMore than two decades since the Asia debt crisis gripped the region, global consulting firm McKinsey & Co. is warning that signs of a rerun are “ominous.”
Increased indebtedness, stresses in repaying borrowing, lender vulnerabilities an...
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