The wonderful resilience of China's trade, its powers of recovery ju the shortest space of time from conditions which might have spelt paralysis elsewhere, are emphasized the "Report on the Foreign Trade of China 1928," compiled by the statistical secretary of the Chinese Maritime Customs, the first part of which has just been received. 'The figures recorded are the highest yet attained in modern times by the rev-jeune and trade falling within the province of the Customs. The revexue exceeded Tls. 82,000,000, while the value of trade, not' including. treasure, passed. the 2,000 million tael mark.
Dealing with the general survey of conditions the writer of the report. comments upon the various set-backs to trade experienced during the year under review, including harvests which were only fair, troubles in Shantung, and the threats of war.
While these conditions affected practically the whole of the country, they were net operative in Manchuria it is interesting to note. There the depressing conditions di not apply. There was a small decrease in the revenue of the Harbin district, for instance, but }when we consider that 1927 was a gives no to assist as much as possible, and ho suggested that it was first necessary to explore with the Chinese delegates and ascertain upon. which points they were already in accord. He referred to the hope of development now that a stable Government China, and touched at som on the question of foreign loans to China.
At the conclusion of the plenary session the following resolution was trary, the situation there, according to the report, gave rise to optimism, Actually the revenue in Dairen was a record, as also was the trade in Chingwantao.
Text read from the printed page and cleaned; old type leaves the occasional error.