However, the quick development 9f the areas in China for which Japan has now assumed responsibility is certain to require more capital ihan this country possibly can provide. The effort to acquire part of this through increased exports is expected therefore to be intensified.
Mr. Kodama expressed confidence that the present exchange rate of the yen could be maintained without difficulty. Commenting on the slump in the yen in occupied areas of China, "where the rate recently has been around 17 U.S. cents compared with the official rate of around 27
U.S. cents maintained here, Mr.
Kodama said the yen now circulate ing in China gradually would be withdrawn, whereupon the present disparity would disappear.—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.