Peace in Vietnam could strain non Communist Asian economies
The Economic Commission for Asia and the Far East warned that early peace in Vietnam might trigger a sharp fall in foreign exchange for Taiwan, South Korea, Singapore, and Thailand, with Japan also affected. Export growth to Vietnam has risen sharply since 1965, notably cement from Taiwan and metals from Korea, and U.S. spending in Japan surged from 1965 to 1967.
MENTIONED IN THIS ARTICLE
Asia
Economic Commission For Asia and the
Vietnam
Taiwan
South Korea
Singapore
Thailand
Japan
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