An article from Christopher Lucas, Tokyo, in the Sunday Times, 6th August, says banking circles in Japan estimate earnings from the Vietnam war at a possible £530m in 1967. The Fuji Bank's Chief Economist, Shigeo Kurebayashi warned of possible balance of payments difficulties if Vietnam war exports were to decrease too rapidly. The figure also includes US expenditure on expanding their hospitals, bases etc. in Japan and on ship and aircraft repairs, Amongst the Japanese fast selling lines were camouflage jackets, jungle boots, electric generators, prefabricated buildings and plastic bags for wrapping home coming American corpses,
The WeekThe Week Vol. 8, No. 6, 9 August 1967
Japan's £530m. Vietnam War Profits
The scan: The Week v8 no6.pdf (PDF, Marxists Internet Archive, opens at this page)
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