The Archive · 1938

FOREIGN TRADE OF MANCHOUKUO

November Exports Show Great Decline — PROPOSALS TO CURB PUBLIC DANCING From Our Own CORRESPONDENT

Dairen, Jan. 6.

An adverse balance of 38,000,000 yuan was'the result of Manchoukuo foreign trading during the month of November, exports amounting in value to 47,000,000 yuan and imports 85,000,000. "With the exclusion, however, of Japan exports totalled 25,000,- yuan in value and imports 19,000,000 giving a favourable trade balance of 6,000,000 yuan.

Exports to all parts of the world from Manchukuo in November showed a decline, that for Japan being 6,561,000 yuan, China 10,186, Germany 2,465,000 and other countries 2,968,000. On the other hand, except for China, imports increased in value to the extent of 17,722,000 yuan for Japan, 448,000 for Germany and 6,501,000 for other countries. For China the drop in imports was valued at 4,904,000 yuan.

Decline in: Exports to China Exports from Dairen by steamship in November revealed a decrease of 27,526 tons in comparison with the corresponding month of 1996. European countries only showed a gain with all others a decided drop. The decline in exports to China was due to the hostilities there while that to Japan was owing to shortage in bottoms.

Umports through Dairen for November were up by 53,800 tons or 25 per cent. against the corresponding month of the year previous though also a decrease of 37,000 tons or 12 per cent. as compared with the month of October which saw the largest quantity of goods ever to arrive in this port. since it was opened.

As compared with the previous month a drop was shown for iron and steel goods, kerosene, heavy oil, sugar, paper, cotton and rayon yarn, tobacco and miscellaneous goods while an increase was recorded for such varied articles as gunny bags, flour, timber, oranges and seaweed.

Meanwhile in comparison with the figures for the year previous exports for November for the Kwantung Leased Territory went up by Y8- 516,416 or nearly 28 per cent, while imports went down by 9,298,831 or between 12 and 13 per cent. Exports for the month were valued at Y.39,- 145,174 and imports Y.65,184,206 or an adverse balance of Y.26,039,032 the decline in imports being largely due to the import control system under rich goods to the value of only Y.1,000 may be brought into the country each month except in certain categories.

Text read from the printed page and cleaned; old type leaves the occasional error.

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