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Asia should be on guard for asset bubbles: HSBC
November 16, 2010
Frederic Neumann, co-head of Asian economic research at HSBC, strongly believes Asia is at risk of seeing asset bubbles surface. Capital controls are a likely tool for defence but it should not be the only one.
Asia is at risk of blowing asset bubbles. The US Federal Reserve's latest round of quantitative easing is only adding fuel to the fire. The process is all too familiar: loosening of monetary policy in the West, along with a...
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