viktor hjort

China’s worsening borrowing conditions could prompt a rise in bond supply and corporate defaults, threatening the credit profiles of local companies, says Morgan Stanley.

There are concerns over bond structures and the debt levels for Chinese state-owned enterprises amid sluggish growth.

Asian companies are once again borrowing more, but it’s not yet time to worry.

The five-year outlook for Asia remains positive provided the region heeds the lessons learned in the US and moves towards opening up onshore markets to offshore investors, say panellists.

Viktor Hjort, Asia head of credit research and strategy at Morgan Stanley, gives FinanceAsia a rundown of some of the key themes that will drive Asia's credit markets this year.