The British Trade Commissioner, Air L B. Beale, has received details ofa £2,000,000 scheme for financing the export of British textile machinery’ to Germany, under which buyers will deposit 20 to 25 yer cent, of the total cost, the remainder to be paid quarterly. A three or four years' estimate of £20,000,000 covers 10 years, and it is anticipated that the textile machinery trade with Germany will be trebled. Apprehension i« expressed in Germany at the growing competition of British industry in world markets especially with China. Japan and the United States, due not only to superior quality, but to superior financing on the British side to that now applied to the German market.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HBTRIB19271209.2.62
Bibliographic details
Ngā taipitopito pukapuka
Hawke's Bay Tribune, Volume XVII, 9 December 1927, Page 7
Word count
Tapeke kupu
114Untitled Hawke's Bay Tribune, Volume XVII, 9 December 1927, Page 7
Using this item
Te whakamahi i tēnei tūemi
NZME is the copyright owner for the Hawke's Bay Tribune. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in