Flying high: Asian local currency debt markets rise five years on from global financial crisis

Five years have passed since the start of the global financial crisis and markets are now preparing for another new chapter for when the tapering of quantitative easing begins. While the impact of the 2008 credit crunch was felt across the board, bankers and economists alike believe the Asian market has strengthened as a consequence — and its growth will be unabated, writes Rashmi Kumar.