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Article: JAPAN: Doubts remain over Japan's prospects.
- Article from:
- Fund Strategy
- Article date:
- September 18, 2006
CopyrightCOPYRIGHT 2006 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Japan shows signs of achieving full economic recovery and is beginning to take a bigger lead in the region. But there are reasons to be wary of the country's health and new-found confidence.
Japan appears focused on a future when it punches its weight again after a sapping struggle in the 1990s with a sickly economy. Yet to help achieve that goal, it spent the summer embroiled in controversy about its past.
In August, Japan's outgoing prime minister, Junichiro Koizumi, visited Tokyo's Yasukuni shrine, which honours Japan's war dead, including top war criminals, on the anniversary of his country's World War II surrender.
The visit caused ...