MISSION FROM FORMOSA

Press, Volume XCIX, Issue 29353, 4 November 1960, Page 17

MISSION FROM FORMOSA

Visit To City On Tuesday

The Chinese Trade Commission from Formosa will arrive in Christchurch next Tuesday morning and spend the day in the city.

They want to buy wool, timber, dairy products, paper and pulp, food, including butter and cheese and beverages; and to sell camphor, construction material, citronella oil, textiles, tea, hat bodies and canned pears. As guests of the Canterbury Chamber of Commerce, the Chinese will be entertained at morning tea and then taken to Addington for the New Zealand Trotting Cup meeting before meeting representatives of the trade groups interested in the mutual trade.

Mr J. Roy Smith, who returned to Christchurch this week from a visit to Formosa, told the council of the chamber last evening that Formosa was a country of vitality and dynamics. The biggest problem in trading with Formosa was the Chinese method of thinking on finance, said Mr J. Boyd Clark. “It takes a long time for the Supply Bureau to make up its mind whether it will or won’t buy something after the sale has been arranged,” he said.

There had been .some discussions on methods of payment while he was in Formosa, Mr Smith said. "The next step is to find reciprocity of trade, and the question of shipping is important,” he said.