Article: G-8 is ripe for eastward expansion INSIDE ASIA

Alan Wheatley Reuters
International Herald Tribune
07-08-2008
G-8 is ripe for eastward expansion INSIDE ASIA
Byline: Alan Wheatley Reuters
Edition: 2
Section: FINANCE/BUSINESS

TOYAKO, Japan --

As the Group of 8 nations get down to business at their annual summit meeting, Asia finds itself confined to the fringes, asking how long it must wait for political power to flow east to match its economic muscle.

Japan, of course, is a founding member of the G-8. But efforts to recognize the clout of the region's big emerging economies are piecemeal. Some Asian states recently won a few more votes at the International Monetary Fund, the Indian finance minister is in the running to chair the IMF's main ...

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