> Fred Bergsten of the Institute for International Economics
> had a piece several months ago in The Economist about
> a new group, the ASEAN + 3, ASEAN plus China, Japan,
> and South Korea. Apparently they have now had three
> successive years of annual meetings and are moving forward
> rapidly, looking at the EU as an ultimate model, although
> moving more on currency and capital movement coordination
> than on trade. Is this what you are talking about?
Haven't seen the article, but similar rumors have been surfacing re the latest meeting of Asian Development Bank. Presumably, all this is very hush-hush, but the wheels are beginning to turn.