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Japan / Economy / Investment in America #120686

ABC Evening News for Monday, Feb 20, 1989
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(Studio: Peter Jennings ) Report introduced.

(NYC: Richard Threlkeld) Japanese investments in American featured; details given of Japanese ownership of large parts of major cities, scenes shown. [Author Dan. BURNSTEIN - explains United States debt owed to Japan.] [Econ. David HALE - says US-Japan relationship has gone to position where Japan is US' banker.] Dvt. of trade imbalance between United States and Japan reviewed; details given of Japanese purchase of treasurer bills. [Investment banker Peter PETERSON - says Japan could influence American economy] Need for American to change economy habits noted. [Representative Charles SCHUMER - says Japan could soon own us.]

Reporter(s):
Jennings, Peter;
Threlkeld, Richard
Duration:
00:02:40

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