The biggest threat facing the Chinese economy is a catastrophic debt-deflation spiral. To boost aggregate demand and prevent a prolonged period of deflation and stagnation, policymakers must adopt aggressive fiscal and monetary policies and reform China’s state-owned banks
The Bangko Sentral ng Pilipinas (BSP) sees itself as playing a part in accelerating financing for eligible projects to support the country’s pathway to net zero. “The BSP can be an enabler, a mobilizer, and a convenor,” says Eli Remolona, governor of the Philippine central bank, in written replies to questions from The Asset.
The Republic of Indonesia (RoI) kick-started the G3 bond issuance in Asia in 2024 as it priced on January 4 a triple-tranche offering totalling US$2.05 billion.