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Japan's Quiet Rise Tests Global Power Balance
The article surveys Japan's postwar surge from an aid recipient to a major economic force. It notes a projected 375 billion GNP in 30 years, leaders like Prime Minister Masayoshi Ito, and a shift toward self-reliant defense with rising rearmament under a pro-Western Liberal Democratic Party government. It also highlights tensions with the United States over trade, particularly textile quotas, and the growing trade deficit as Japan dominates global markets.
MENTIONED IN THIS ARTICLE
United States
Japan
America
Chiban
Kok Oker
Tokyo
Douglas MacArthur
Pan
Sergio Osmena Jr
Liberal Party
Ferdinand B. Marcos
Cavite