Where is the Asian locomotive?

With the US economy slowing down, more support from Japan is needed to maintain the momentum of the Asian recovery.

Japan is not providing Asia with the support that North America is providing to Latin America or the EU to emerging Europe. With the US economy slowing down, more support from Japan is needed to maintain the momentum of the Asian recovery.

Prior to the financial crisis, Asian exports to Japan were outperforming overall Asian exports and Japanese exports to Asia were overperforming overall Japanese exports. Exports to Japan represented about one-fifth of total Asian exports and exports to...

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