Asian countries have avoided the global depression in recent years, the most important reason is that they were not involved in the 2008 financial crisis. However, a recent survey shows that Asia's debt level is growing at a terrible rate. In some ways, this is partly reasonable. Many countries' ultra-low interest policies encourage loans, and debt growth is a natural product of wealth growth. But it is worth being vigilant, Asian countries need to rely on a larger debt scale to maintain economic growth. This signal shows that Asia's economic health is not as good as reflected by the growth rate of GD. P. Asia's current debt water is generally lower than that of Europe and is still in the safe range, but the rapid growth of debt will make the economy more vulnerable to shocks.
intended to illustrate that:
We should fully understand the advantages and disadvantages of ultra-low interest loan policy