Financial Times FT.com

Stricken look to Asian powerhouses

By Geoff Dyer in Beijing, Michiyo Nakamoto in Tokyo and Amy Kazmin in New Delhi

Published: October 21 2008 17:25 | Last updated: October 21 2008 17:25

Asia’s biggest economies are being seen as potential benefactors for nations in trouble.

Japan has been enlisted to contribute to a $6bn (€4.6bn, £3.5bn) rescue package for Iceland, led by the International Monetary Fund. Asif Ali Zardari, Pakistan’s president, last week travelled to China in large part to seek up to $1.5bn in help towards a bail-out package.

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