Japanese ambassador reveals Japan's plans for economic revolution.(Originated from Knight-Ridder Newspapers)

From: Knight Ridder/Tribune News Service | Date: September 15, 1997| Author: | Copyright information

KANSAS CITY, Mo. _ A slumping Japan has decided that it must undergo an economic revolution to become less bureaucratic and more open to foreign businesses, says Kunihiko Saito, Japan's ambassador to the United States.

``We have come to the conclusion that it is in our own best interests,'' he said. ``We must internationalize our economic system, because that is the only way to survive in a global economy.''

Such changes eventually will curb Japan's nagging and growing trade surplus with the United States, which has been a major irritant in relations between the ...

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