Word: aichi
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Dates: during 1970-1979
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Last week Finance Minister Kiichi Aichi predicted that Japan's trading account with the U.S. would actually slip into the red in May and stay there for several months. That may be an overstatement, but Japanese businessmen and politicians now predict that the trade surplus with the U.S. this year will drop to less than $2.5 billion, from $4.2 billion in 1972. Deliberate government policies to restrain exports and dismantle Japan's once awesome array of protectionist restrictions on foreign goods are obviously having an effect. So, too, is the sharp rise in the value...
...Peking has its way, "the era of collective aggression is upon us." The Nationalists' future hangs on the fate of the U.S. proposal for dual representation of both Peking and Taipei in the U.N. The case for the U.S. plan, as Japan's cool, scholarly Kiichi Aichi put it in the General Assembly, was that dual representation would be "a transitional step," opening the way for a peaceful settlement of the dispute between the two Chinas...
...Minister Eisaku Sato in 1969, was not present. The official explanation was that while Sato is merely head of government, Nixon is head of government and state as well. Protocol thus dictated that he not attend unless Emperor Hirohito put in an appearance in Tokyo. After Foreign Minister Kiichi Aichi signed for Japan, Sato said that he was "happy beyond words" and hailed the treaty as the beginning of "a new Pacific...
Reappraisal Needed. For the Japanese hosts, and for most of the 4,500 fans who thronged daily into the Aichi Prefectural Gymnasium, the results were a severe blow. Japan won only one title-in the women's team competition-for its worst showing since 1952. To compound the ignominy, the Japanese saw their 1969 world singles champ, Shigeo Ito, upset in the men's final by Sweden's Stellan Bengtsson, 18. Said a crestfallen spokesman for the Japanese delegation: "We simply have to have a sweeping reappraisal of our techniques...
Back-Up Position. The Japanese foreign ministry seems convinced that Miyazawa's offer will fail. If it does. Foreign Minister Aichi is ready to retreat to a back-up position that seems more acceptable to the U.S. It would provide for a three-year agreement restricting imports in a number of categories-possibly to 1969 levels, although that base year would be negotiable. This plan also could be rejected, since it does not offer the all-inclusive quotas that U.S. textile men demand. It is quite likely that unless the Japanese agree to sweeping "voluntary" reductions in their shipments...