Central banks across Asia now 'turning expansionary'
The Japanese and the Indian central banks meet on Tuesday to decide on monetary policies - and one of the biggest issues is the eurozone debt crisis.
The fear is that until a solution is found consumer demand will suffer. That does not bode well for Asian economies - whose biggest export market is Europe.
The impact is already being felt across Asia - with major economies seeing a slowdown in growth. Martin Schultz of Fujitsu Research Institute says central banks are increasingly pursuing expansionary policies as a result.
24 Jan 2012
- From the section Business