GREATER NOIDA, India (Reuters) - A global liquidity infusion risks leading to asset bubbles, China, Japan, South Korea along with a host of Southeast Asian nations said on Friday.
Many emerging nations are cautious about easier monetary policy in advanced economies, including Japan, fearing it may result in disruptive bubbles and currency appreciation, and make their exports less competitive.
The ASEAN group of nations, plus China, Japan and South Korea are strongly committed to enhancing efforts to respond to risk from global monetary easing, they said in a joint statement at the Asian Development Bank's annual meeting in India.
(Reporting by Rajesh Kumar Singh)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app