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No 1997 Asian Crisis Return as China Trembles

By June 27, 2013No Comments
Bloomberg | June 27, 2013

Asia’s 1997 financial crisis won’t repeat itself, even as a slowing Chinese economy unnerves the region’s financial markets.

So says Frederic Neumann, co-head of Asian economics research at HSBC Holdings Plc. He concluded in a June 25 report that current “differences outweigh the similarities.”