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(Studio) 1st report in series on Japan's growing power.
REPORTER: John Chancellor
(Tokyo, Japan) Japanese yen 1 of world's strongest currencies. Japan has $7 billion foreign exchange surplus; being pressured to revalue yen upward. Japan 3rd biggest industry power in world; expanding foreign mkts. while protecting domestic market against foreign competition. Japan lacks natural resources; suffers from air and water pollution. Japanese economy up 10% in past year
REPORTER: John Rich
- Chancellor, John;
- Rich, John
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