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JAPANESE BANK LENDING TO REST OF ASIA NOW 40% BELOW 1997 PEAK
Japanese banks cut lending to the rest of Asia in the first half of 1999 even though many Asian economies have been recovering. The lending balance of Japanese banks to the rest of Asia fell 13% from the end of 1998 to the end of June 1999, to stand at
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FromFinancial Times, 27 Oct. 1999, p. 16