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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 08, 1970
Page
44
London reports show Britain's economy stronger with a hefty foreign payments surplus and booming exports. Yet calls for higher wages intensify and industrial unrest grows as pay demands threaten export competitiveness and political prospects for the Labour government.
Bangkok reports growing Thai resentment over Japanese control of tourism and commerce. The economy minister cites Japan's dominance in transport hospitality and outlets, noting limited access for Japanese at the Royal Bangkok Sports Club and broader government to government gaps in bargaining.
Tokyo reports Japan is expanding influence in Asia through commerce and aid while diplomats and business leaders stress cooperation over conquest. Analysts note lingering fears of renewed militarism as Vietnam war outcomes and China loom, with Japan facing market access tensions and war-related business gains estimated around $1 billion yearly.
Toyota factory output reached a new record of 134 804 vehicles in September reflecting a 54.3 percent rise from the same month last year. The previous high was 132 363 units produced last June.
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