Korean government to extend Daewoo bailout to subcontractors too. Japanese consumer consumption driving growth but spending patterns change. China signals warming relations with the US and renewed interest in restarting WTO talks. China warning that it may have few options in halting deflation. Crackdown on smuggling in China working to increase imports.
China unveils new investments to boost domestic economy and postpone devaluation.
Japanese Prime Minister intends to reshuffle his cabinet later this month. China's Unicom still wants better terms in closing out foreign JVs. China WTO Talks to resume. Zemin tries to keep tabs on the People's Liberation Army. N.Korea redraws maritime borders.