In Japan foreign trade continues to expand in a remarkable way, and ale though last year imports exceeded exports by 110 million yen, shipping and the tourist trade both douriahed and it is thought exports wayments to remain favour al a striking reflection of the pro resolve industrialization of the country that the increase in exports almost, wholly in manufactured articles while the increase In imports mainly in raw materials and semimanufactured goods. It is also to be noted that Japan is increasing her export trade largely by the exploltation of new markets. "Internal conditions are not altogether healthy owing to the depressed condition of the silk industry and poor rice crops.
of inflation have not mater-talised and the finances of the cou ture on' unproductive objects should be checked if this satisfactory. posltion ig to be maintained, Malayan Improvements In Malaya the improvement of trade has continued throughout 1994. The outstanding event of the year was the Introduction of the Rubber Restriction Scheme which has put new Ife into the rubber industry. Tt 4s obvious that the future of the two main products of Malaya, rubber and tin, on which the prosperity of the country Is s0 dependent, rests, for the time being at any rate, on the continuation of artificial measures for the restriction of these commodities.
Indian Trade Mending In India trade also continues on the mend. The enforcement of the new constitution may possibly necessitate additional vexation to meet its cast unless trade improves rapidly. The forthcoming institution of the Reserve Bank for India Is regarded with Taixed feelings by exchange S'la ful operation by July. next bankers. It 1s however expec
and in preparation for this event the Government have been strengthening
Text read from the printed page and cleaned; old type leaves the occasional error.