China should still set the pace, while Japan could see a rebound at last.

CNN: BUSINESS FORECAST '96

Japan still has numerous structural problems, most glaringly the inability of the government to set up a Resolution Trust Corp.

FORBES: Fact and Comment

Asia is still smarting after the United States squelched Japan's proposal early in the Crisis to set up a regional intervention fund, while the International Monetary Fund pressed excessively puritan fiscal regimes on stricken governments that caused deeper-than-necessary recessions.

CNN: FIXING THE WORLD