The Archive · 1928

New Markets Developed

There was also a contrary view. A very Important business: man told that although Osaka was not hit by the present boycott, China was 8 very good market, gear to Japaa and normally favourable to Japanese goods. This market had been adequately developed by the Japanes He felt that the Japanese business men should try to do everything posie sible to hold this market, in prefer= ence to secking new markets. the world over, which he regarded as an expensive operation, But, of cours. if the Chinese made it impossible make profits out of the China trade, business would naturally gravitate to wherever profits could be ma T was told everywhere the same story. The 1919" boycott forced Japan to make provisions for other markets so that the Japanese would not again suffer from a political boycott. During the intervening: years, Japan developed these new markets, which became particularly useful during this year of trouble, The results are indicated by the Inck of unemployment in Osaka arising from boycott conditions in China,

Text read from the printed page and cleaned; old type leaves the occasional error.

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