Banker calls for Asian free trade area

UK - The economies of south-east and east Asia should intensify efforts to build a regional free trade area to reduce their dependence on information technology exports to the US, according to Tadao Chino, president of the Asian Development Bank (ADB).

In an interview with the Financial Times, Mr Chino supported the recent proposal by Jiang Zemin, China's president, to create a free trade area between the Asean countries of south-east Asia and China.

Such a move would add 1 per cent to the gros