On the recordSeptember 9, 1999
They're doing better, and I'm real pleased about it. I think the world should be pleased about it. I know some in America are worried. They're afraid that a resurgent Japan means more competition for money and more pressure on the dollar. But on the whole, a Japan that could buy more American products and buy more products in Asia from other Asian countries would be very much good for the global economy and therefore good for America's working people. So you're asking me, do I know for sure that their recovery is underway? I think they're doing better, and I think Mr. Obuchi has shown real ability, real talent in getting people together. We--as you know, our Treasury officials have continued to recommend things in conversations with the Japanese that we think will help to speed up the recovery, but we're working with them well, and I'm pleased that they seem to be turning around. It's a good thing for the word. China-U.S. Relations
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