Fitch: APAC Briefing Attendees Say QE Exit Biggest Recovery Risk

Tue Apr 8, 2014 9:28pm EDT

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Asia-Pacific Sovereign Credit Briefings March 2014 - Ask The Audience Poll here HONG KONG/LONDON, April 08 (Fitch) A majority of attendees at Fitch Ratings' 2014 sovereign credit briefings in Asia-Pacific saw the mismanagement of central banks' exit from highly accommodative policies as the biggest risk to the global economic recovery. Fitch polled 232 attendees in Hong Kong and 156 in Singapore on 18-20 March during the agency's Asia-Pacific Sovereign Credit Briefings. Questions touched on prospects for China, for Abenomics and for global emerging-market sovereign ratings. "Asia-Pacific Sovereign Credit Briefings March 2014 - Ask The Audience Poll" is available at www.fitchratings.com or by clicking on the link above. Contact: Andrew Colquhoun Senior Director +852 2263 9938 Fitch Ratings (Hong Kong) Ltd. 2801, Tower Two, Lippo Centre 89 Queensway, Hong Kong Tony Stringer Managing Director +44 20 3530 1219 Media Relations: Wai-Lun Wan, Hong Kong, Tel: +852 2263 9935, Email: wailun.wan@fitchratings.com. Additional information is available at www.fitchratings.com. ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: here. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.