S&P's Chan Expects Mixed Asia-Pacific Credit Markets in 2020

The video discusses the economic outlook for 2020, highlighting both risks and opportunities. It covers the impact of quantitative easing and monetary policy, the dual nature of economic news with lower interest rates and potential defaults, particularly in China. The analysis extends to the broader Asian market, noting the end of the easing cycle and the shift towards fiscal policies to address aging infrastructure.

What is one of the positive economic aspects mentioned for 2020?

• Increased defaults

• Economic slowdown

• Lower interest rates

• Higher interest rates

What is a concern regarding China's economic situation?

• Strong GDP growth

• Low corporate debt

• High export numbers

• Accurate assessment of nonperforming loans

What is a trend observed in the broader Asian market?

• Increase in export numbers

• Decrease in fiscal policies

• End of the easing cycle

• Continuation of the easing cycle

What fiscal strategy are governments considering for 2020?

• Increasing infrastructure spending

• Reducing infrastructure spending

• Lowering taxes

• Cutting public services

What is the term used by economists to describe the limits of monetary policy?

• Tugging on a chain

• Pulling on a rope

• Lifting a weight

• Pushing on a string