Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

Asia Sails Smoothly Through Debt Waters

Print comment Post Comments
THE SHOE'S ON THE OTHER FOOT
"While rising government debt is a growing concern in Europe and the United States, Asia’s economies remain remarkably resilient, even buoyant, underscoring how economic might is shifting from West to East," according to the New York Times. "China has been repaying some of what little foreign debt it owes, even as economists wonder whether Greece will require an international bailout and ask how long the United States can sustain record budget deficits. “We took a pass on the economic crisis,” said Philip S. Carmichael, president of Asian operations at Haier, China’s biggest appliance maker."
SOURCE:   New York Times

TICKERS