Advertisement

Half in U.S. Regard Japanese Investment as Bad, Survey Says

Share
<i> From Reuter</i> s

Nearly half of Americans see Japanese investments in their country as a bad thing for the United States, according to a Japanese government opinion survey released today.

Asked if Japanese investments were good or bad for their nation overall, 44% of the 1,994 respondents aged 18 or over said “bad thing” while 27% said “good thing,” the Foreign Ministry said.

A further 15% replied “having mixed feelings” and 14% “don’t know,” according to the survey commissioned by the ministry and conducted in January, 1988.

Advertisement

The result contrasted with the finding of a similar survey a year earlier when 65% of Americans were in favor of Japanese investment while 24% were against, the ministry said.

The latest survey showed that only 30% of those questioned supported the view that Japan’s development into a major world economic power is beneficial in stimulating the improvement of U.S. industry.

But 56% considered the rise of the Japanese economy to be detrimental to the United States.

Advertisement