After rebounding quickly from the 2008 credit crunch, Asia, once again, faces a threat from a crisis not of its own making. The region’s issuers, investors and central banks are now in a much stronger position than many of their western peers. Economies are growing strongly, while politicians are – in most cases – able to act without the threat of social unrest or the hurdle of partisan conflict, and capital markets are largely open for business. Against such a backdrop, it is tempting to think that the ongoing European sovereign crisis and...Read more