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Pace of Monetary Tightening in Asia

Sunday, 20 Feb 2011 | 8:15 PM ET

Benjamin Pedley, Head of Investment Strategy, North Asia at HSBC Private Bank tells CNBC's Karen Tso monetary tightening is a necessity and a reality facing emerging market central banks. He explains why the faster Asian central banks get ahead of the curve in tightening, the better it will be for equities.