JAPANESE TRADERS.

Auckland Star, Volume LXV, Issue 6, 8 January 1934, Page 7

JAPANESE TRADERS.

PUSH TO SOUTH AMERICA.

BUENOS AYRES, January 2.

Japanese traders, who have already made serious inroads into the British textile market in South America, are extending their efforts to cover as wide a range of goods as possible. Under-selling and careful cultivation of .the market have raised Japan's annual exports to Argentina by 72 per cent since 1929. A steady increase in trade with Brazil and Uruguay has also been registered, while British and American exporters have seen their trade diminish, in some lines to as much as one-fifth of the 1929 figure. This has applied to all three countries. Machinery, machine parts, tinned fish, paper, and instruments are some of the new lines which Japanese agents are pushing throughout South America. Trade in these lines is small at present, but it is expected to increase to the detriment of Britain and the United States as the "drive" for trade proceeds. Japanese methods are very thorough, and the utmost attention is paid to studying market needs. There is nothing of the "take it or leave it" attitude about Japanese business men. Moreover, the Japanese have an uncanny gift for imitating the most popular lines of their British and American competitors.