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The article offers news briefs related to international trade. Germany surpasses Great Britain as a supplier to the Chinese markets. Japan is gaining control of the customs offices and revenues in North China. France Parliament has voted a bill giving the cabinet powers to alter tariff rates by decree for the next 12 months to speed up trade negotiations with other countries.

This section offers world news briefs. In Europe, amid mounting tension and unfavorable news, a possible world economic forum in London, England is planned in the event the Lausanne conference is postponed. In Latin America, dollar exchange continues to be scarce with Ecuador and Paraguay joining countries with exchange restrictions. In the Far East, China is relieved by the withdrawal of Japanese troops from Shanghai.

The article comments on business issues in the U.S. as of February 15, 1932. Aside from pointing out the need to regard criticism as a compliment, it discusses the complaints regarding the diminishing value of homes, whether the Reconstruction Finance Corp. succeeded in reconstructing business confidence, and why the banking legislation, Glass Bill, should be destroyed. It also discusses the global reaction to Japan's move to inflict punishment upon irresponsible Chinese marauders in Manchuria.

The article reports on the attempt of British and Japanese diplomats to negotiate a settlement of the Anglo-Japanese crisis which starts on July 7, 1937 in Tientsin, China. The exchange of rifle shots between Japanese and Chinese troops in 1937 is considered as the largest Oriental war of modern times. Tokyo, Japan's conferences intend to determine whether or not terms of Japan for cooperation in the development of China will be accepted by western powers.

The article reports on the industrialization being done by the government of China in the part of the country still under its control, as Japan is making advance in the country. It is reported that, the industries are being developed as a part of the Chinese government's war plan to take on the advancing forces of Japan. It is reported that, the industries are being set up to produce war materials for the Chinese guerrillas fighting the Japanese armed forces.

The article offers international relations news briefs as of December 1, 1931. Attempts by the League of Nations to end the Japanese occupation of Manchuria did not succeed. The United States has been less vocal in opposition of Japan while Russia has become increasingly opposed to Japan's invasion. The German National Socialist party has gained support in southern Germany given the country's declining economy.

The article focuses on the foreign economic relations between Japan and China in 1939. It discusses the collapse of the anti-Communist International axis that may stop Japan's campaign of conquest in China which is straining its economic resources. It states that Japan is confronted with the war in China and with Soviet Russia, and the strained relations with the U.S. It adds that China will never be Japan's ally and peace will be attained if China is assured of her independence.

The article reports on the increasing influence of the Japanese in China. Japan is retaining its pressure on Yangtze River by refusing to open up the river for the free movement of foreign ships. In South China, Japan is planning for a national policy concern just like the North China Development Co. and the Central China Development Co. Japan has also disclosed its intention to control all air services in China as a defensive measure.

The article reveals that Japan is again considering to revive its trade relationships with China as a way of reducing its economic problems. It says that the situation has been perceived by the U.S. as a growing Anti-American movement in Japan especially with America's tight restrictions on Japanese trade with Communist China. It adds that supporters of the growing China trade do not agree with the American theory that this move would indirectly build up China's military potential.