Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Japan tells US that Biden's 'xenophobia' comment is regrettable

Published 07/05/2024, 10:14
Updated 07/05/2024, 10:15
© Reuters. FILE PHOTO: U.S. President Joe Biden looks on during his visit at the Chavis Community Center in Raleigh, North Carolina, U.S., March 26, 2024. REUTERS/Elizabeth Frantz/File Photo

By Kiyoshi Takenaka

TOKYO (Reuters) -Japan has described as "regrettable" U.S. President Joe Biden's comment that "xenophobia" is stifling the Asian nation's economic growth, the top government spokesperson said on Tuesday.

Last week Biden said "xenophobia" in economies from China to Japan and India was hobbling their growth, while arguing at a Washington fund-raising event that migration has been good for the U.S. economy.

"We lodged representations to the United States that the comment was not based on the correct understanding of Japan's policy and regrettable," Chief Cabinet Secretary Yoshimasa Hayashi told a regular news conference, without elaborating.

Hayashi was quick to add, however, that Japan's ties with its security ally the United States were more solid than ever, and Tokyo will strive to make them even stronger.

Japanese Prime Minister Fumio Kishida visited Washington in April for a summit with Biden and unveiled plans for military co-operation and projects from missiles to moon landings, so as to strengthen ties with an eye to countering China and Russia.

At last week's event to raise funds for his 2024 re-election campaign, Biden said, "One of the reasons why our economy's growing is because of you and many others. Why? Because we welcome immigrants."

"Why is China stalling so badly economically, why is Japan having trouble, why is Russia, why is India, because they're xenophobic. They don't want immigrants. Immigrants are what makes us strong."

Japan, which prides itself on its homogeneity, has long been reticent about immigration, although its falling birth rate and a rapidly ageing population point to an acute labour shortage in the coming decades.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Asked in a Newsweek interview if he wanted to spur immigration to reverse the population decline, Kishida said Japan must consider inviting skilled workers, but ruled out a full-fledged immigration programme.

"For highly capable and motivated workers to be invited into Japan to provide support to Japanese society is what we would like to enable," Kishida said in the interview, published last week.

"There are still some in Japanese society who are resistant to the idea of continuous, indefinite immigration of labour from overseas."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.