Word: japanizing
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Dates: during 1980-1989
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...American sports management company announced the plans for a football game to be held in Japan next month between a select group of Ivy League seniors and Japanese all-stars, The Daily Pennsylvanian reported last Friday...
However, the game--which is sponsored by the International Management Group (IMG) and is scheduled for December 23 in Yokohama, Japan--will not be affiliated with the Ivy League...
...acquisition comes amid a surge of Japanese investment fueled largely by Tokyo's $52 billion trade surplus with the U.S. In September Sony agreed to acquire Columbia Pictures Entertainment for $3.4 billion. And just three days after the Rockefeller Center sale, a consortium led by Japan's Mori Building Development paid $300 million for 85% of Houston's Four Oaks Place office center...
...Japanese have now surpassed the Dutch as the second greatest foreign holders of U.S. property. The British are No. 1, yet Japanese investments create the largest public stir, in part because Japan is the greater economic rival -- and in part because some racially insensitive Americans apply different standards to European and Asian investment. Japanese direct investment in U.S. companies and real estate increased from $35.2 billion in 1987 to $53.4 billion last year, a gain of 52%. British investment climbed from $79.7 billion to $101.9 billion over the same period, for a 27.9% increase...
Thousands of companies have learned that if their products are second-rate, customers will take their business elsewhere. -- Ominously, the huge U.S. seizures of cocaine in recent months have done almost nothing to boost the price of the drug. -- Japan's Mitsubishi Estate picks up a piece of Americana with a major investment in Rockefeller Center. -- Ford buys a sporty number: Jaguar...