asked 176k views
3 votes
True or False. In the 1990s and the first decade of the 2000s, investors from the Asian economies of Japan and China made significant direct and portfolio investments in the United States. At the time, many Americans were unhappy that this investment was occurring.

asked
User Grc
by
8.4k points

1 Answer

6 votes

Answer:

This is true.

Step-by-step explanation:

That was a time of some important purchases in the American economy by Japanese investors. Then there was a talk of "Japan buying America" and panic, fearing big Asian corporations were getting to much control of the US economy. The Japanese business model was widely discussed and admired, and many authors pointed at it as an example. But suddenly the Japanese locomotive lost steam and got stagnated. Today, Japan continues to face some problems originated in that decade.

answered
User Hardmooth
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8.7k points
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