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United States Foreign Investments Southeast Asia

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February 17, 1991 | SAM JAMESON, TIMES STAFF WRITER
Back in the 1960s, American aid paid for the construction of the first modern highways in Thailand. But today Japanese cars fill them. The contrast underscores a point that is becoming clear to American diplomats and executives: American investment in Asia isn't keeping up with Asia's growth. Secretary of State James A. Baker III noted at an annual ministerial conference of the Assn. of Southeast Asian Nations that U.S.
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BUSINESS
February 17, 1991 | SAM JAMESON, TIMES STAFF WRITER
Back in the 1960s, American aid paid for the construction of the first modern highways in Thailand. But today Japanese cars fill them. The contrast underscores a point that is becoming clear to American diplomats and executives: American investment in Asia isn't keeping up with Asia's growth. Secretary of State James A. Baker III noted at an annual ministerial conference of the Assn. of Southeast Asian Nations that U.S.
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