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This article presents the analytical findings of economists Jeffrey Frankel of the University of California and Shang-Jin Wei of Harvard University on Japan's plans for the creation of a de facto trade bloc in East Asia. These economists suggest that Americans and Europeans need not fear of Japan's economic supremacy in creating Wast Asia the world's fastest growing region by means of cementing trade ties. Their analysis, summarized in a recent issue of the Federal Reserve Bank of San Francisco's periodical "Weekly Letter," shows scant evidence of a developing Pacific economic bloc dominated by Japan. These economists found that from 1979 to mid-1992, the major East Asian countries all consistently assigned a heavy weight to the dollar in valuing their currencies.

A map of the East Asia is presented with information on the resources, industrial centers, and naval bases of the Far Eastern powers.

The article offers information on various developments related to economy and politics in the Far East in February 1933. Japan is not alarmed over the stand by the League of Nations and rest of the world against her policy of aggression on the Asiatic mainland. It is expected that the demand for steel in Japan will reach 2.8 million tons in 1933. The balance of trade is favorable and exceeding by 7 million dollars.

The article reports various developments related to commerce in the Far East including the formation of the Shanghai Industrial and Business Loan Relief Committee in June 1935 in China to oversee relief work among distressed industries.

The article focuses on the business conditions in various Far East countries including China, where the business is slack, Japan, which has reported a growth in industrial output, and France, where manufacturers have made a credit agreement with the South Manchuria Railway management.

The article examines the business conditions of countries in Europe, Latin America and the Far East as of December 1931. The decline of sterling is one of the factors that led to the depression of the British public. The decision of Uruguay to bargain abroad for army airplanes in exchange for an equal volume of hide, wool and meat products is noted. There was a 20 percent decrease in cotton production in South China despite improvements in imports and manufacturing of the Shanghai region.

The article offers information on the impact of oil price increase on the countries of Southeast Asia and Far East and their debt conditions. It states that increase in the price of oil has lead to inflation. It mentions that several countries of the region have borrowed money to finance balance-of-payments deficits and maintain economic growth.

The article reports on the impact of the Japanese attacks in the Far East on American investors in different countries in the region during the World War II.

Reports on investors taking advantage of low stock prices in East Asian markets during the economic setbacks of 1997. The focus on long-term investment; The signs that the Asian market will recover; Financial data; Analysis. INSET: Finding value in Southeast Asia..

The article presents business news briefs from the Far East. Amid banking crisis in Shanghai, American Oriental Banking Corp. has closed its business, while its three other businesses in the region are in trouble. The National City Bank is withdrawing from the new state because of lack of business in Manchukuo, China. It is reported that business in North China may be taken over the Japanese, following new demands from Tokyo.

The article discusses the economic and business developments in East Asia in 1932, which include failure of Japanese campaign to hide growing domestic economic weakness and stagnation in the business conditions in Shanghai, China.

The article focuses on the restriction on the use of tin products imposed by the Office of Production Management (OPM) in the U.S. The U.S. uses two-thirds of the world's tin production most of which is imported from war-torn East Asia. As stated, the OPM has produced a list of 29 items in which consumption of the metal is halved for the first quarter of 1942 and it is believed that the elimination of such uses of tin will result in an annual saving of 15,000 tons.

The article offers information concerning the repair and rebuilding of the Army equipment in the European factories to be redeployed to the Far East. According to Major General Henry B. Saylor, chief ordinance officer in the European Theater of Operations, 14 French automobiles and aviation engine plants are rebuilding 700 Allied engines in a day. It also reports that Belgian factories are overhauling rifles and are producing new mortars.

Reports on the greater financial performance of Japan over the United States. Growth of the East Asian economy; Stress on infrastructure and industrial projects; Asia's share of Japan's overseas investment; Japan's exports to Asia as greater than that of the United States.

The article focuses on various political and economic developments in Far East countries including Japan's move to extend its frontiers of Manchukuo and its impact of trade in China, and the development of the new aluminum industry in Japan.