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Transcripts For WHUT World Business 20110522

they need to develop their infrastructure, they need to make more trains like these abirached: hello and welcome. i m raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. the earthquake and tsunami that hit japan this year stunned the world and came as a huge blow to a country that is losing its economic prominence in the world. and the true scope of the tragedy is only just becoming clear. reporter: more than two months after the quake, tsunami, and nuclear plant disaster, a japanese official speaking to reporters was still expressing confidence about the pace of recovery. the economy, he says, is demonstrating its resilience. yosano: the impact on production will be smaller than was at first thought. interrupted supply chains have recovered at a remarkable rate. far more swiftly than had been expected. reporter: government surveys show that over 90 percent of manufacturing affected by the disaster is set to b

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