Moody's: Outlook for Asia-Pacific (APAC) sovereigns in 2020 is negative
|The US-based rating agency, Moody’s Investor Service, is out with its latest assessment report of the Asia-Pacific region for 2020, with the key highlights found below.
Negative outlook for Asia-Pacific (APAC) sovereigns in 2020.
Slowing growth to be exacerbated in 2020 by US-China trade tensions, despite phase one trade deal.
Investment will be constrained, amplifying fiscal vulnerabilities, liquidity risks and demographic challenges for APAC sovereigns in 2020.
Forecasts GDP growth of 4.0% in 2019-21 on average across the APAC.
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