Sir F. Leith-Ross on China's Trade and Expansion Hongkong, Feb. 20.
Political and fnanelal security was the first essential if China's foreign trade were to be encouraged, declared Sir Frederick. Leith-Ross, Chief Economic Adviser to H. M. Government, in an interview with Reuter to-day. He added that considerable expansion was possible, but China's exports must frst Improve.
did not come to China," sir Frederick said. "merely to' push British "interests. Our interests are naturally bound with the general prosperity of China, and the best way of stimulating them stabilizing China economically.
"Japan, no doubt, would obtain the lion's share of the benefits fro this, but we are prepared for compet tion. There is no immediate prospect of a foreign loan to China, altho such a loan would be very valuable, Sir Frederick and his party will leave for Canton this evening study the possibility of a unified and properly managed currency for all China, "which he believes would greatly improve her general pasi-
Text read from the printed page and cleaned; old type leaves the occasional error.