01.10.2015 - China slowdown and currency volatility hit Asian lending
Syndicated loan volume in Asia Pacific (excluding Japan) fell by 16 percent to $324.2 billion in the first nine months of 2015 compared to a year earlier. Activity dwindled in the third quarter as effects of China's continued economic slowdown and currency devaluation rippled through global markets in September. The third quarter saw $110 billion of loans in 366 deals, as investors stood back in a 'risk-off' environment as fears of China's slowdown caused a rout in its stock market and dragged commodities prices lower...............................................Full Article: Source
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