Japan's economic problems are critical and the plans announced to resuscitate the economy should be implemented as quickly as possible, regardless of Sunday's election results, U.S. business leaders said Monday.
At the 35th Japan-U.S. Business Council, which began actual discussions Monday at a Tokyo hotel, nearly 100 business leaders from the United States and Japan gathered for a frank exchange of opinions on economic issues, including bilateral trade and investment issues, Asia's economic crisis and electronic commerce.
The meeting is being cochaired by Minoru Makihara, chairman of Mitsubishi Corp., and Michael Jordan, chairman of CBS Corp.
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