IFR Asia’s annual Outlook for Asian Credit Roundtable took place against an improving economic backdrop, with the rollout of coronavirus vaccines raising hopes for an end to lockdowns and travel restrictions worldwide.
The Year of the Ox, which began on February 12, is said to bring with it strength and stability, according to Chinese astrology.
After unprecedented disruption in 2020, a calmer period is surely in store for 2021. But it is not yet clear how rapid a recovery can be expected, or when hard-hit sectors such as travel and hospitality will return to their former glory.
On a live webcast at the end of January, IFR Asia asked a diverse panel of analysts, investors and advisers for their expectations for the rest of 2021. The discussion ranged from the impact of post-Covid policies in China to Indian credit spreads and the outlook for US rates as the world begins to look beyond the coronavirus crisis.
Sponsored by Moody’s Investors Service, the discussion also highlighted the case for Asian credit investments at a time when major western economies are set for a protracted period of low interest rates, as well as the stark differences between countries and sectors within the region.
To see the digital version of this roundtable report, please click here
To purchase printed copies or a PDF, please email gloria.balbastro@lseg.com
