Tokyo, Oct. 9, Mr. Wu Ting-chang, leader of the Chinese Economic Mission to Japan, told newspapermen to-day that, despite the efforts of Sir Frederick Leith-Ross, Chief Economic Adviser to the British Government, the economic rehabilitation of China could not be achieved by China and Britain alone.
This objective, he stated, could only be achieved through the con-carted and non-competitive efforts of Britain, Japan and China—Reuter, Mission Meets Japanese Bankers Tokyo, Oct. 10.
Establishment of a permanent Sino-'Japanese organization to study means for an economic rapprochement be~ tween the two countries was proposed to-day by the Chinese mission which arrived here yesterday round-{able conference with Japan's leading bankers.
"The Japanese conferees, who represented the nation's most powerful banking and industrial enterprises, are reported to have expressed themselves in favour of the suggestion, Asked if China would be able to tide over the current depression independently, members of the mission declared that China's vast silver resources, which had not been exhaust ed by the American silver purchase policy, will enable her to meet her foreign trade obligations, Much time was devoted to a discussion of Chinese cotton cultivation, the visitors asserting that the new "five-year plan" would increase China's annual output of raw cotton 40,000,000 piculs, Problems connected with international loans to China were also discussed—Rengo,
Text read from the printed page and cleaned; old type leaves the occasional error.