The Asian meltdown began in mid-1997 in Japan when it became clear that several key Japanese financial institutions were on the verge of default.

Name: The Asian meltdown began in mid-1997 in Japan when it became clear that several key Japanese financial institutions were on the verge of default.
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The Asian meltdown began in mid-1997 but not in Japan. It started in Thailand with the devaluation of the Thai baht, which triggered a financial crisis that spread to other Asian countries.

The Asian Meltdown Began in Mid-1997 in Japan When It