China, Japan, and South Korea's trade ministers met in Tokyo to come to an agreement on free-flowing trades and investments. They all agreed that in order to sustain and increase economic growth for all three countries, some sort of compromise needs to be made. They have watched as the United States economy fell and they are trying to prevent such a tragedy in their borders. They have set up a Joint Study Committee (JST) and have already begun examining options for this type of market. China and South Korea are among Japan's largest trading partners and after the tragic situation, Japan really needs to recover their economy in order to grow. China and South Korea both understand that their support is vital in order to get Japan back on its feet. Not only that, but their support will also prompt production to China and South Korea more quickly.
Jen Crawford
(To read more on Japan's economic downfall, http://www.bbc.co.uk/news/business-13167014)
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