But there is a change taking place the nature of Chinese imports, Cotton goods in 1920. represented nearly 15 per cent, of total imports Dut in 1935 represented only 3. per cent. " fron and steel and) manufaetires, including motor ears and aeroplanes, amounted to 12 per cent. in 1020 but had risen to about 28 per 1935. 'This tendency Is likely continue, 'The Chinese demand for alton piece goods Is more and more being' supplied by' the Chinese them selves, On the other hand, Chinese imports of machinery and other capital goods are increasing and for a long time fi head it seems Improbable that China can supply her requirements in this field except by importation, There is immense amount of Being on in precisely the United exports the which hou be inn a poste It is very. dise therefore.
n these classes of ground, mainly suit to some extent also During the test mine sear. Eh 000,000 of mand steel, this £12,000,000 goods We supplied were die to special non-competitive orders from the Boxer Pund: and Germany: oth increasing thelt ally where the orders Crealt Facilities not in a. position to purchase capital goods for ash, and credit, facilities "are required. "AS Fegards "new railway" construction. these credit facilities ought to take the form of long term loans as it is
Text read from the printed page and cleaned; old type leaves the occasional error.