THE Buropean war has not affected China's international trade, Chungking, Nov. 12.
the volume of which has increased during the current year compared with figures for the corresponding period of the previous year, according to, official figures just released here. The volume of China's international trade at the end of June this year stood at $1,132,145,221 and reached $1,560,163,434 in August. The corresponding figures in June and August last year were only '$764,916,860 and $1,066,616,399, respectively.
In other words, the volume of China's foreign trade in the frst eight months of the current year increased by §493,547,095 over the correspond.ng period last' year.
Hongkong ranks first as China's marketing centre, with the United States second, Between January and August, 1939, Hongkong imported '$135,789,000 worth. of goods from China, and the United States bought Chinese goods totalling $99,409,000, Following the enforcement of imrestrictions, the United States Purchased $10,624,501 worth of. Chiese goods in August, while Hong-Kong Secounted for imports amounting to $18,112,171, During the same eight-month period, Japan imported $43,564,000 Worth' of Chinese goods, " while Japanese goods valued at $226,208,- 000 were "imported into occupied reas of China, From the United Siates came $149,156.00 worth goods, from Germany $70,350,000, and from British India $97,723,000, Between January and Augi 1939, "China imported—$159,069;499 worth of cereals, and cation and cotton yarn valued at $128,500,150, On the other hand, China exported animal products amounting to $124, '709,401, fibres totalling $78,249,407, and mineral ores, including molals, valued at $72,640,423, The import of luxuries registered a sharp drop. Trade in China's south-western provinees "is showing a favourable War Risks Reduced In Far East London, Nov. 14.
The greater assurance now left in the development. of -Anglo-Japanese relate ug is reflected in the decision lof the Rating Committee of Underwriters to extend to Shanghai the war-risk insurance premium of 60 shillings per cent. hitherto applied from the United Kingdom to Singapore.
"The decision adds over 3,000 mites of the South China Sea to. the insured voyage at the same rate.
Similarly, the 80 shillings per cent, premium (00 per cent. for neutral ah'ps) now covers trading north of Shanghai instead of east of Singapore, Reuter.
London, Nov. 13.
Extension to Shanghai of the war risk insurance premium reflects the greater confidence felt here as a sult of bettered Anglo-Japanese re-
Text read from the printed page and cleaned; old type leaves the occasional error.