[华尔街日报亚洲版]-WSJA-080110-A-COMPLETE.pdf

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Fresh Start: How Asian villages Political scandals sap
are carving out a new life Japan’s hope for change
WEEKEND JOURNAL W8 EDITORIAL & OPINION 9
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VOL. XXXIV NO. 92 (India facsimile VOL. 1 NO. 153) ** ASIA Friday - Sunday, January 8 - 10, 2010
asia.
China moves to cool its growth Kan era
By James T. Areddy in Japan
SHANGHAI—China’s cen-
tral bank on Thursday acted begins
to cool the supercharged econ-
omy amid worries over infla-
tion, engineering a minor with jolt
tightening of credit that un-
nerved global markets. By Takashi Nakamichi
The decision to slightly And Takashi Mochizuki
raise the cost of borrowing in
the interbank market stopped TOKYO—Japan’s new fi-
well short of an official inter- nance minister began his job
est-rate increase. But it raised with a jolt Thursday, swaying
the prospect that more-ag- currency and debt markets
gressive moves to rein in with proclamations that he fa-
ad at00,Venm US$ Vietnam: , land: growth might be in store. Its vored a weaker yen and more
impact was magnified be- government spending to keep
Ic C) oe:Won2,500, Korea: JCT), (Incl cause it followed a recent Japan’s weak economy from
warning about inflation by sl