United States exports to China proper in the first half of the year totáled about $31,000,000. The total for the last six months was about $18,000,000.
According fo earlier indications, 1937 had been forecast as one of the best years in China's history. United States Commercial Attache reported to the Government that "China at the beginning of July, 1937, presented a more glowing picture of prospect for the future and of commercial and economic advancement than at any other time in its history."
Despite the slump in trade to China proper, however, the United States' exports for the. year 1937 showed a gain because of increased exports to Hongkong, principal port for the Chinese interior, and Kwantung, Exports to Hongkong jumped from a little more than $4,000,000 in the first six months to nearly $16,000,000 in the last half of 1937. The increase to Kwantung was from about $3,500,- 000 to $12,500,000.
Total United States exports in 1937 to China proper, Hongkong and Kwantung was nearly $86,000,000 compared with about $59,000,000 in 1936,
Text read from the printed page and cleaned; old type leaves the occasional error.
