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Any benefits from Abenomics would be relatively small for China and India vs rest of Asia, said Nomura, the Japanese financial holding company.
Any measures by Japan to stimulate its economy via monetary easing could raise expectations of inflows into emerging markets, said the financial giant.
Nomura also added that top economies to benefit from Abenomics are Malaysia, Singapore, Thailand, Taiwan and the Philippines
Nomura's FDI scorecard showed Thailand as the most exposed to Japanese FDI, followed by China, Indonesia and India.
The Japanese Prime Minister Shinzo Abe's coalition has secured big election win in Japan with record low turnout.
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