Japan GDP Data `Really Good,' CLSA's Smith Says, May 17

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May 17 (Bloomberg) -- Nicholas Smith, a Japan strategist at CLSA Asia-Pacific Markets Ltd. in Tokyo, talks about Japan's economic outlook. Japan’s economy expanded faster than estimated in the first quarter, boosted by reconstruction spending that’s poised to fade just as a worsening in Europe’s crisis threatens to curtail export demand. Gross domestic product rose an annualized 4.1 percent, the Cabinet Office said today. Smith speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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