• 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