Leadership transitions in Korea, China, Japan positive for pro-growth drive: Moody's
InternationalJan 16, 2013
Leadership changes in South Korea, China and Japan bode well for a pro-growth approach in the region but soaring geopolitical tensions remain a potential obstacle to the leading Asian economies, Moody's Investors Service said Tuesday.In general, sovereign credit fundamentals in the Asia-Pacific region are likely to stay resilient to both global headwinds in 2013 and monetary easing by the U.S. Federal Reserve, it added."At the same time, sovereign credit profiles in the region will likely contin