澳门网上正规赌场平台Higher still:Update on Asia’s debt

网赌网站排名,正规赌博十大app排名,十大博彩,澳门正规网上大赌场,十大正规网赌网址,2018澳门十大赌场,2019澳门十大赌场排名,亚洲十大网赌,网赌app平台,澳门网上正规赌场平台,Asia’s economies, by and large, have run on debt for a while now. 2016
was no different:in most markets, leverage continued to rise over the
past year. Chart 1 shows an updateof HSBC’s estimates of overall
debt-to-GDP ratios in individual economies. Precisenumbers are hard to
obtain, but we’ve pieced together available data as well as we could.

    The first thing to note is that leverage varies widely across the
region. At the surface,it is highest in Singapore, Japan, and Hong Kong.
However, Singapore and Hong Kongare regional financial centres and
aggregate debt includes that owed by non-residents(which is why their
respective bars are “patterned”). At the other end, leverage ratiosare
rather low, even by global standards, in Indonesia and the Philippines,
and, excludingthe public sector, India and Sri Lanka.

    In the middle of the field, China continues to move up the rankings.
By our estimates,its relative debt burden was still below Malaysia’s in
2015 but is now only slightly belowKorea’s and ahead of Australia’s.
Thailand, meanwhile, is quite leveraged as well, justa notch below New
Zealand and Taiwan. More than the level, however, it is the speedwith
which debt rises over time that matters.