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Strategies & Market Trends : Asia Forum

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To: Worswick who wrote (4730)	6/22/1998 1:18:00 PM
From: HH	Read Replies (2) of 9980

I've got a thought that I can't dismiss and wonder if some of you close observers could comment. Relating to events surrounding the Japanese economy and Yen value in the context of China's status. Geo-political-economical dominance over South East Asia has traditionally been Japan. China has become more and more important to the point that China is now taking the lead. US move to support the Yen apparently was targeted to comply with China's threat to devalue. So, Japan must swallow tough medicine to aid the region but bottom-line, it is at China's insistance. So, will Japan resist the moves (RTC-flavor) which run the real risk of creating a confidence crisis for themselves. Additionally, would not Japan resist China's new dominance. HH

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