(8) China's soap industry: Since the recent amalgamation of the four local foreign soap factories, foreigners have reduced the price of their products considerably with the idea of throwing Chinese face tories out of business." There ara only three native soap factories in Shanghai and their existence is being threatened by the high cost of raw materials, which have to be imported, (0) China's match industry:—China also lacks raw materials fon this industry and, with the. recent amalgamation of Swedish and Japanese match companies in China, China's match fac: few in number, An investigation of the above facts reveals that the fundamental the general depression of industries are (a) lack of yaw materials; and (b) unfavourable exchange rates. The minimum sum of $4,000,000 must be earmarked at once if remedial mea sures are to be carried out, saya Dr. Chien. "If remedial measures fare not put into effect at once, no Jess a sum than $80,000,000 will ba required for the same' purposes after March, 1990,
Text read from the printed page and cleaned; old type leaves the occasional error.