Japan Likely to Shift Focus to U.S.-Led Trade Pact

BY MITSURU OBE

TOKYO?As a territorial dispute begins to impinge on Japan's economic relationship with China, the government of Prime Minister Yoshihiko Noda looks increasingly likely to shift its focus to a free-trade pact led by the U.S. from one involving China?at least for now.

Lawmakers of the ruling Democratic Party of Japan expect Mr. Noda to announce his decision to participate in the U.S.-led Trans-Pacific Partnership free-trade initiative after an expected cabinet reshuffle as early as this month, following his re-election as party leader Friday.

"I expect Prime Minister Noda to decide to move ahead with the TPP following his mandate to ...

Source: http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7011/~3/MZkTps7eyWA/SB10000872396390443890304578009463307348722.html

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