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Foreclosing a Japanese Hong Kong: Okinawa, 1967-1972
- Asian Perspective
- Johns Hopkins University Press
- Volume 24, Number 4, 2000
- pp. 243-271
- 10.1353/apr.2000.0012
- Article
- Additional Information
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Abstract:
A massive inflow of foreign investment into Okinawa was imminent in the late 1960s, when U.S. multinationals were seeking to use the island’s reversion to full Japanese sovereignty as a stepping stone for entering the Japanese market. The Japanese government systematically scuttled U.S. business initiatives, and the U.S. government acquiesced in these policies. A unique opportunity to create a better economic future for Okinawa, as well as to increase the openness of Japan’s market, was lost.