NO REPRISAL PLANNED.
JAPANESE TRADE WITH INDIA. CALCUTTA, May 8. The Japanese Consul-General in India discredits the rumours that Japanese manufacturers will boycott Indian raw cotton as a sequel to the Indian AntiDumping Bill—directed chiefly against Japan. He believes that Japan will regulate her exports of piece goods and other goods to India to ; aint where action under the bill will not be justifiable. Japanese officials are convinced that a boycott of Indian cotton, as a retaliatory measure for the abrogation of the Indo-Japanese Convention, would be more harmful than beneficial to Japan, as a boycott would cause the price of Indian cotton to fall, thereby enabling Japan's competitors to buy more cheaply, while the price of cotton in the markets to which Japan would be compelled to turn to maintain her exports would automatically rise.
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Auckland Star, Volume LXIV, Issue 115, 18 May 1933, Page 7
Word Count
136NO REPRISAL PLANNED. Auckland Star, Volume LXIV, Issue 115, 18 May 1933, Page 7
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