新兴市场的信贷状况——经济脆弱，复苏不均，病毒死灰复燃.docxVIP

Credit Conditions Emerging Markets: Fragile And Uneven Recovery,Virus Resurgence Looms Sept. 29, 2020 Regional Credit Conditions Chair Jose M Perez- Gorozpe Mexico City jose.perez - gorope @ +52- 55- 5081- 4442 Key TakeawaysOverall: Credit conditions in emerging markets ( EMs) continue showing a gradual improvement stemming from supportive financing conditions, the gradual economic recovery, and the likelihood that a COVID- 19 vaccine will be available soon.Risks: A key developing risk is the phase out of credit forbearance and fiscal stimulus. As these measures are lifted, some of the