Throughout the Orient, economies are booming. But there is one potentially fatal flaw. Much depends on America's defense commitments to its Asian allies. How certain is this commitment now? We have just completed a three-week, six-nation fact-finding trip in Asia, and one overall impression stands out: There could be some momentous and far reaching changes in that part of the world in the near future - and none of them augur well for the prospects of world peace. But for the moment, despite the first ill winds of stormy political weather, economic fortunes throughout the places we visited Japan, South Korea, Taiwan, Hong Kong, Singapore and the Philippines- are good, in most cases better than ever before in history.
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