Business leaders upbeat on economy despite high oil prices, stock falls

Business leaders upbeat on economy despite high oil prices, stock falls

TOKYO, Japan - (From L to R) Masamitsu Sakurai, chairman of the Japan Association of Corporate Executives, Fujio Mitarai, chairman of the Japan Business Federation, and Tadashi Okamura, chairman of the Japan Chamber of Commerce and Industry, hold a press conference at a Tokyo hotel on Jan. 7 following the three organizations' New Year's reception. The heads of Japan's major business lobbies expressed optimism about the outlook for the Japanese economy.

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