Japan is determined to match China in its contribution to the International Monetary Fund's efforts to combat the European debt crisis, in another sign of Asia's two largest economies vying for influence on the global stage
Japanese officials have not made clear Tokyo's funding commitment, mindful of U.S. calls against being too generous toward Europe. But officials from the Group of 20 leading industrial and developing nations have said Japan is well-prepared to pitch in, and will decide on an amount once China sets its own.
(MarketWatch)
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