The Japanese did their level best to destroy all Chinese industry ife all foreign industry in the Shanghai industrial district where 70 per cent. of China's modern factories were located. Chinese and foreign industrial losses in t have been estimated as high us U, S.$844,500,000 (sce bookie'
War on Foreign Business," published by The China Weekly Review).
In or r lo offset these enormous losses the Chinese authori Y operation with ce ain foreign interests have launched the movement for Chinese
Text read from the printed page and cleaned; old type leaves the occasional error.