Meanwhile, emerging economies including China have recently been showing growth slightly stronger than expected. A large-scale economic stimulus in China has exerted favorable effects on the neighboring East Asian countries, seemingly playing a role of raising economic growth of the regions as a whole.
After explaining those issues, I will answer to some of the questions raised about this time’s monetary easing. I. Current state and outlook for overseas economies  Let me start with the current state of the global economy. Overseas economies have moved somewhat deeper into a deceleration phase.