IMF's Tao Zhang: inflation in Asia should rise soon

According to Tao Zhang, Deputy Managing Director of the International Monetary Fund, inflation in Asia should begin to rise, noting that risks still remain to Asian financial structures.

Key highlights

Low inflation in Asia is due to 'temporary factors'.

Asia should use more macroprudential measures.

Fiscal buffers must be strengthened across Asia.

External debt in Asia has risen substantially since 2007.