In Asian markets, inflated a new bubble

Economists are concerned about a new threat hanging over Asia - the equity markets and real estate in the region are growing so fast that we can speak about the formation of a new "bubble", the magazine writes The Wall Street Journal. That is the conclusion reached at the Conference on the Asian economy, which was supported by the Federal Reserve Bank of San Francisco (Federal Reserve Bank of San Francisco).

According to experts, shares in the markets of China, Hong Kong, India, Indonesia, Singapore, South Korea, Taiwan and Thailand since the beginning of the year rose by more than 40%. The growth rate of national currencies in dollar terms, the expansion of markets was much higher. In some countries this figure has doubled, the magazine writes. It notes that this process is even more striking when you look at the percentage change in rates since March, when the Asian markets recorded minimums for several years.

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