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IT IS FORECAST BY NOMURA RESEARCH INSTITUTE THAT
IN THE YEAR 2000, ASIA'S GROSS DOMESTIC PRODUCT WILL BE
US$7.2 TRILLION, ON A PAR WITH THAT OF THE AMERICAS, AND
IN EXCESS OF THE EUROPEAN ECONOMIC COMMUNITY'S G.D.P. OF
US$6.8 TRILLION. JAPAN'S SHARE IS PROJECTED TO BE ABOUT
TWO-THIRDS OF THE ASIAN FIGURE.
IT
IS ALSO EXPECTED THAT THE JAPANESE ECONOMY IN
THE NEXT FEW DECADES WILL BE EXPANDING ABOUT TWO PERCENT
FASTER THAN THE OTHER LARGE ECONOMIES OF U.S.A. AND THE
PARTICULARLY IN FIELDS SUCH AS COMPUTERS,
E.E.C.,
ROBOTICS,
BIOTECHNOLOGY
TELECOMMUNICATIONS,
AND AEROSPACE.
VEHICLES AND SHIPS,
U.S. DEFENCE CIRCLES EVEN
FEAR THAT JAPANESE DOMINATION WILL LEAD TO THE U.S. BEING
FORCED ΤΟ TURN INCREASINGLY TO JAPAN FOR THE SUPPLY OF
KEY COMPONENTS FOR ITS MILITARY EQUIPMENT.
THE FIRST THIRTY YEARS OF THE PEOPLE'S REPUBLIC
OF CHINA SAW ECONOMIC
DEVELOPMENT BEING CARRIED OUT IN
FITS AND STARTS AND IT WAS NOT UNTIL THE DOWNING OF THE
SO-CALLED "GANG OF FOUR" AND THE EVENTUAL ASCENDENCY OF
DENG XIAO PING THAT ONE BEGAN ΤΟ SEE MAJOR EMPHASIS
PLACED ON THE NATION'S TOTAL ECONOMIC DEVELOPMENT. IN A
SHORT SPACE OF ABOUT
TWELVE YEARS, REMARKABLE CHANGES
HAVE TAKEN PLACE IN MANY PARTS OF CHINA.
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