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Asia's non Communist nations see bright growth ahead
Asian economies, led by a booming Japan, project continued expansion into 1971. Japan's GNP may exceed 200 billion in 1970, with a pledge to allocate 1 percent of national income to aid developing countries. Trade with the United States remains strong but textile disputes threaten relations and growth in several economies including Formosa, South Korea, and Hong Kong.
MENTIONED IN THIS ARTICLE
Tokyo
Asia
Japan
United States
France
West Germany
Canada
Mitsubishi Bank
Hong Kong
South Korea
Formosa
Taiwan
Thailand
Indonesia