Nanking, July 5.
While details of the regulations have not yet been announced, the local press understands that' the Chinese authorities propose that foreigners resident in any part of China should pay income tax on the same basis as" Chinese nationals. Sclaries. business profits, and income derived from other sources all would be liable to the tax—Reuter. foreign trade amounted to $700,000,- 000 oF $800,000,000 annually, said that this huge loss can be easily: made up if each citizen of the Republic earns tone, dollar more in production and reids one dollar less in cousumption each year, the total population fof the country' being 400,000.000.—Kuo Min.
Text read from the printed page and cleaned; old type leaves the occasional error.