Japan, the Peoples Republic of China, Taiwan, the Republic of Korea, and India all saw percentage gains in double digits for their production of machine tools in the year just past. With an estimated 28 percent yen-based increase in its output of metalforming and metal forming machines Japan cemented its leadership position among the world's builders. Put another way, Japan's output last year exceeded that of second-place Germany by 3(3/4) dollars-billion dollars, or by more than the output of Taiwan.
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