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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Jan 01, 1964
Page
4
Tokyo reports two Chinese governments exist and Japan seeks balance. The Communist mainland offers five year payment terms for textile factory equipment, while the Nationalist government based on Formosa protests, urging Japan not to aid Red China.
Japanese trade with Nationalist China and Formosa remains profitable though modest in overall economic impact. Official figures show Japan sold 2.85 million dollars of goods to Nationalist China in 1982 while importing 2.1 million from Formosa, leaving a large favorable balance. The report notes California vegetable and fruit shipments, with 1963 totals for vegetables and strawberries near record levels, and discusses shifts in trade with Red China and Formosa amid broader political tension and evolving credit terms.
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