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United States / Japanese Investments #107490

ABC Evening News for Tuesday, Feb 17, 1987
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(Studio: Peter Jennings) Report introduced.

(NYC: Dan Cordtz) Growing concern over level of Japanese investments in United States examined; purchases of major urban real estate, such as Exxon building, Tiffany's, Capitol Cities/ABC headquarters, cited as exs. Details given, scenes shown. [Developer Jona GOLDRICH - opposes fors. owning prime United States real estate.] Current size of Japanese holdings mentioned. [[AFL-CIO economy Rudy OSWALD - blames Japan's trade surplus with United States for situation; explains.] Similar inroads into United States investment community described. [East Asian expert Gerald CURTIS - thinks United States debt problem is more important than flow of Japanese capital.] [Ambassador Hidetoshi UKAWA - notes roles have reversed for United States and Japan.]

Cordtz, Dan;
Jennings, Peter

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