The total value of the four groups cotton piece goods has decreased by 82°per cent, during the year under review. This state of affairs, following "upon a succession previous declines, may" encouragement. t9 home "manu: facturers but most certainly" must a discouragement' to. importer does not necessarily" pol permanent triumph for home ind tries, however, as the decline in this section of the import trade, though severe, is quite in hooping with the further general decrease. in world trade, while the special pressing conditions "that "axiated in. Ching throughout 1952 heed not again enlarged upon here, In the mea time," reports from all over the country do indicate that the demo for Chinese" cloths has continu unabated on account of their com parative cheapness, and for patriotic Feasons where Japanese thaterial are' concerned. Ili the. latter con. nection, however, it will have been seen from the review of trade the various ports that, owing to the eat fall in the value of the yen, japanese goods could be landed in ina at prices quite beyond com: tition even. for homesmanufactured material, and that. they were so dumped' into the' great northern markets at Tientsin "and Kiaochow, where sales to the poorer agricultural classes were on ay large wale as ever. Nevertheless;*a ture of the year was the heavy Importations of British piece good he expense of Japan as can analytical tables available." assily be seen" by consulting the
Although, according to the final estimate ofthe Chinese Cotton Sta-{istics Association, the Chinese cot ton crop figures for 1922 increased by 1.7 million piculs over the figures for the previous year, the entire yield amounted to only' 8.1. mill Piowls, "and. this amount Insufficient. to cover the requirements' of the growing cotton spining ang weaving "industries China. "Also, although the measures taken' by' the Government author tes have resulted in Tess adultery ion of the Chinese. fibre, other factors besides quantity and quality have "to. be considered, length of staple, ete. Foreign im: portation stil appear to be neces-nary, therefore,
Text read from the printed page and cleaned; old type leaves the occasional error.