Document Number (FOIA) /ESDN (CREST):
CIA-RDP79T01049A001800150004-2
Body:
Approved For Release 2002/07/12 : CIA-RDP79T01049A001800150004-2
ie ve vim) of Sin?-Jpine
1958-1962
#42.2398)
25 April 1
Approved For Release 2002/07/12: CIA-RDP79T01049A001800150004-2
Approved For Release 2002/f/12 CIA-RDP79T01049A001800150004-2
EGRET
Probable Development of Sino-Jepaneee Wad
1958-1962
The rapid advance in Ellsol-Japanese trade since 1951 was baited in 1957
by
2
largely
nearly a year
7
56 level. This setback was
largely to the leek of the trade arrangements
toverned trade relations. The third trade agree..
reent had expired in Way 1957 followingone over a iew
b
? The signing of the fourth trade agrement,
5 March 1958, revived optietsa on the part of many
in the
n of several
4GCdit7 contracts prior to this agreement, especially the steel. jIZ4J58
contract with China for cumulative trade of 080 million each way between
1962,1958 end and maerous exchanges of technical missions have also intensi-
fied interest in the Chins market. But only a rantb after the signing
se exz,ectationa when they
of the trade agreement, the Chinese taupe
uniaterajly
would not
to c
ostensibly because the Japane
the terms negotiated by the p
Japanese interests.
These increasing oontacts and the renewed clamor for tr
ted in part by the relaxation of trade controls in 1957
in Japan. The depressed Japanese fart
at
se orders while
by a
steel orders
e sharp deterioration in the market for Japane
since last year. The steel industry-hopes to expand its exports on a gore
by obtaining coal and iron ore
Approved For Release 2002/07/12: CIA-RbAY01049A001800150004-2
at
a
Jag
Approved For Release 2002/07/12 : CIA-RDP79T01049A001800150004-2
or r10
I. As a results stoat producta will probably
b71962
try
awl
Approved For Release 2002/07/12 : CiAnfDP79T01049A001800150004-2
Approved For Release 2002/07/14rSq
P79T01049A001800150004-2
of iron ore end coal
hail. million tons or less then 00 million (at present prices) only hal' the
for the
rats ow= this modent
SO
optImis-
turope endjor the Moo orp which LS less likely,
prod=
of irou
by China.
dt.keepproximately
of the slepenese mo to
weesent with India over the
referring to the =attractive prices and
Approved For Release 2002/07/WALDP79T01049A001800150004-2
Approved For Release 2002/Q7L12 utiLi alA-RDP79T01049A001800150004-2
OL
adght impart frces
At present, in fact
is
7
er for at least we lair
following ?urilAteral abrogation of the agreement
trillion to Web wore
political
CO
mj be co idr.]y lower.
viii mom
023
Japanese
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