CHINA BUYING MORE. MACHINE TOOLS FROM JAPAN
The People's Republic of China has become Japan's second biggest market for machine tools, the largest market being the U.S. In the first nine months of 1966, exports topped one billion yen [about US#$2,750,000]. The figure for all of 1965 was 886 million yen. Most of the purchases were high-priced, high-precision tools.