The Asia-Pacific region is seen to push its debt up to $32 trillion by 2017, Standard and Poor’s (S&P) said in a report released on Thursday.
“Asia-Pacific continues to lead the way among global regions in terms of financing requirements for nonfinancial corporate borrowers,” according to the report “The Credit Cloud: China Will Leapfrog The US In The Race For $53 Trillion In Corporate Funding.”
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