TRADE WITH JAPAN

New Zealand Herald, Volume LXXII, Issue 22211, 11 September 1935, Page 16

TRADE WITH JAPAN

DUMPING CHARGE REFUTED • ' # ' DESIRI: FOR INFORMATION A LETTER FROM TOKIO The interest of Japan in the extension of its trade is indicated by a letter received by the Auckland Chamber of Commerce from the Tokio Chamber of Commerce and Industry. The letter refutes charges of dumping and attached is a questionnaire to which tho chamber is asked to reply. "In consequence of Japanese merchandise having made its way into world markets, ways and means are being taken by a number of nations to prevent the importation of Japanese articles, which are often charged as being dumped," the letter states. " The success of Japan's export is, in reality, due to the cheap price and tho good quality of Japanese merchandise, which are two important results of tho modernised manufacturing industry of Japan. It is neither, true nor just to say that tve are dumping our goods in foreign countries in order to maintain a cut-throat competition with other nations. " It has been brought to our notice that the adoption of measures for restricting the importation of Japanese goods is eagerly desired by some groups of business people on the grounds that thei influx of Japanese merchandise would spoil some of your manufacturers' profit. The spread of Japanese merchandise has sometimes been exaggerated as the inundation of Japanese goods. However, nobody points out that the total exports of Japan, as statistical figures show, do not come up to 3 per cent of the total volume of world's trade." The Tokio Chamber of Commerce and Industry deemed it a matter of grave regret that many countries had adopted such measures as to hinder the way for Japanese articles, for it was believed that the human welfare could be cultivated only in such a society in which trade relations would be developed in a sound and smooth way. The chamber was anxious to find some proper means suitable to its purpose of creating better international trade relations to mutual Jidvantage, and asked for a frank an! unreserved opinion on the points in the following questionnaire:— Import Trade.—(l) How far and how much is your industry affected by Japanese imports? (2) Have your business people anything to say about the way Japanese imports are being transacted? (3) What complaints have you to make about the Japanese goods with regard to their quality, trade marks, design, packing, etc? Export Trade.— (1) What position do your exports to Japan occupy in relation to your total export trade? (2) What have your business people to say about the way your exports to Japan ara being transacted? (3) What are the lines of your products which you chiefly wish to be exported to Japan? The letter will be considered by the council of the Auckland Chamber of Commerce to-morrow.