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Even the most inscrutable Japanese businessman becomes more scrutable when he talks about Siberia, which is 35 times as large as Japan's home islands and less than 400 miles away. Mainland Siberia is one of the world's largest reservoirs of undeveloped natural resources (see map), a fact that does not fail to impress the raw material-hungry Japanese. Russia has tried without much success to make Siberia an economically profitable territory. At the same time, Japanese businessmen have had their eyes cocked on Siberia as a place where they might make a lot of money...

Author: /time Magazine | Title: Japan: Eyes on Siberia | 9/13/1968 | See Source »

Anxious to populate and develop Siberia and determined to fend off Red Chinese incursions, Russia is turning to Japan for capital and technical assistance. Dazzled by all the timber, iron ore, copper, manganese, oil and diamonds so close across the Sea of Japan, the Japanese now refer happily to Siberia as "virgin soil...

Author: /time Magazine | Title: Japan: Eyes on Siberia | 9/13/1968 | See Source »

Trickle in a Thaw. The first Russo-Japanese venture in Siberia is already under way. This summer Communists and capitalists after much dickering over terms signed an agreement under which Japanese banks will grant a $133 million, five-year loan at 5.8% to enable the Russians to develop Siberian timber cutting. In addition, a consortium of 13 Japanese companies, including such big trading firms as Mitsui and Mitsubishi, will be allowed to sell $30 million worth of consumer goods to Russian settlers in Siberia. As repayment of the loan and to cover its interest, the Russians over a five-year...

Author: /time Magazine | Title: Japan: Eyes on Siberia | 9/13/1968 | See Source »

...education. Worst of all, "Red Guards in many places expressed their determination to go to the rural areas, border areas, factories, mines and basic units in order to integrate themselves with the workers and peasants." That, in the current lexicon of China, is the Maoist version of exile to Siberia...

Author: /time Magazine | Title: China: Red Guards Curbed Again | 8/16/1968 | See Source »

...Thomas Flyer arrived in San Francisco, thus ending the easiest part of the trip. Five foreign cars-from a French De Dion to an Italian Zust-trailed far behind. Boarding a freighter, Schuster headed to Japan, crossed to Vladivostok, then set out on the long trek across Siberia. Where there were no roads, Schuster made do with railroad tracks. When he ran out of oil, he lubricated the engine with Vaseline, a substance that lesser men of the era used on their hair, and he managed to find a bed to sleep in only five times in 72 days. Finally...

Author: /time Magazine | Title: Auto Racing: Grand Prix | 6/21/1968 | See Source »

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