{
    "success": true,
    "data": {
        "id": 1426280,
        "msgid": "summers-begins-asian-tour-to-obtain-feedback-1447893297",
        "date": "1999-02-22 00:00:00",
        "title": "Summers begins Asian tour to obtain feedback",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "Summers begins Asian tour to obtain feedback SINGAPORE (AFP): U.S. Deputy Treasury Secretary Lawrence Summers launched a five-nation Asian tour here Sunday to get feedback on how the region was coping with a rapid economic slowdown caused by the prolonged financial crisis, officials said. After Singapore, Summers will travel to Indonesia, China, South Korea and Japan during the trip spanning to Feb. 27, Thomas Gradisher, spokesman for the U.S. embassy here, told AFP.",
        "content": "<p>Summers begins Asian tour to obtain feedback<\/p>\n<p>SINGAPORE (AFP): U.S. Deputy Treasury Secretary Lawrence<br>\nSummers launched a five-nation Asian tour here Sunday to get<br>\nfeedback on how the region was coping with a rapid economic<br>\nslowdown caused by the prolonged financial crisis, officials<br>\nsaid.<\/p>\n<p>After Singapore, Summers will travel to Indonesia, China,<br>\nSouth Korea and Japan during the trip spanning to Feb. 27, Thomas<br>\nGradisher, spokesman for the U.S. embassy here, told AFP.<\/p>\n<p>Gradisher said the objective of the visit was to \"discuss the<br>\neconomic situation\" in the region.<\/p>\n<p>Summers is scheduled to meet with President B.J. Habibie<br>\nMonday morning.<\/p>\n<p>Summers held separate talks with Singapore Prime Minister Goh<br>\nChok Tong and elder statesman Lee Kuan Yew immediately on arrival<br>\nhere for an overnight visit. He did not meet the media after the<br>\nmeetings.<\/p>\n<p>Summers was earlier scheduled to make the trip last month but<br>\na Treasury official had said it was postponed due to<br>\n\"international economic developments.\"<\/p>\n<p>At that time, the Brazilian financial crisis flared, stemming<br>\nfrom the devaluation of the real currency which rocked world<br>\nmarkets.<\/p>\n<p>The United States, a key backer of the International Monetary<br>\nFund's bid to help ailing Asian economies, is concerned that a<br>\nprolonged Asian slump would hurt its exports and cut jobs at<br>\nhome.<\/p>\n<p>U.S. economic growth is also widely expected to be lower in<br>\n1999 due largely to problems ignited in Asia where a currency<br>\nturmoil in mid-1997 slammed the brakes on rapid economic<br>\nexpansion and caused massive unemployment and chaos in financial<br>\nand real estate markets.<\/p>\n<p>Washington, concerned that the regional crisis would delay key<br>\nfinancial reforms in Asia, is pushing hard to drive home the<br>\npoint that markets should remain open for progress.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/summers-begins-asian-tour-to-obtain-feedback-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}