- because it stimulates Japanese investments in the region
declined to comment on any further BOJ easing impact
Asian Development Bank chairman Takenhiko Nakao in an interview for rtrs
- China can sustain growth above 7% for time being
- emerging Asia must stick to sound macroeconomic policies and structural reform to cope with any impact of US Fed tapering
- ADB does not think that US tapering will lead to recurrence of financial crisis in Asia
Nakao is a former deputy finance minister in Japan for international affairs