Too good to be true. (Japanese investment in Thailand) (Business) From: The Economist (US) | Date: June 2, 1990 | COPYRIGHT 1990 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

THAILAND is Asia's latest economic Cinderella. japan has been its fairy godmother. Now some japanese investors are wondering if it has all happened too fast and asking themselves what will happen when the clock strikes midnight.

In 1988 and 1989 Thailand was the world's fastest-growing economy. The main propulsion came from manufactured exports. The 20,000-odd japanese now working in Bangkok like to keep a low profile. They would not dream of claiming credit for the indu...