China's trade seems to have suf fered but little in the period under: review although reports from Shanghhaj show that during August, Septem= ver and October, China's trade with all countries had' fallen off more than half, Possibly "spatial trade" with, North China may recount for any Apparent inconsistencies here.
Germany's purchases show a useful increase, though Germans have complained that the customs statistics do hot always indicate the real pur chaser, but merely the destinations to which cargo is first shipped. Thus, many shippers consign beans to Egypt there, Germans point nents from Manchoukuo to Germany my leave on bills of lading for England, o the Low Countries, and that these should be taken Into' account. when fixing the limits of import trade in the ratio of 4th of the value of exports to Germany. Exports to the Netherknds do me dicate a tremendous increase, though there to Great Britain show a sad Ttaly increased her purchases nearly nine times, in the period under view, but as Minister-designate Cor-' Tore has pointed out, Manchuria' imports from Italy show an opposite tendency. The tables above indleat-Inga drop of 50 per cent.
'Manchoukuo's imports" are, very naturally. preponderantly from' Japan. The tremendous excess over exports to that country is stated by the fin~ neat authorities to be compensated for by. invisible exports, or payments. and Yemitlanees {o Manchoukuo which are not for cargo exported, and which. form a measure of the capital invested here by Japan.
American El Products:
Among imports from America pet. roleum products accounted for small part, though raw cotton con tributed largely to this trade, the value of it in 1037 exceeding' that of the previous year by about 150 per cent. Machinery and tools showed fan even greater" gain while imports fof vehicles increased from 2.4 million to 46 million yuan, Britain's trade showed a gratifying percentage increase, though this was shot enough to put her above seventh place in the returns. "Because British India supplied three times as much Exports, With Japan the Dismal Future Visualized pines, her shipments to Manchoukuo rose by over 15 million yuan. Hong-Hkong's 10 per cent. gain is, of course, tabulated separately. France's gain [from % of one milieu in 1996 to [24 million in 1987, was accompanied by a. drop million to 12) million yuan in exports to that coun~ gy, The Netherlands Indies owe their very favourable balance of trade jchlefly to sugar, but Manchoukuo Is making strenuous efforts to replace this with beet sugar, so this trade may be expected to diminish.
Consumption. Presumably it would; pass for washing down drains, just {8s the Imitation brandy, included in New Year cumshaw, could be used car radiators without effecting the Prom: the detailed tables of exports] freshly by customs districts, certain iifteresting taels appear. Wheat flour, which {in 1036 had fallen to less than $10,000, 1937 was exported to the value of lover % of a million. Castor seeds rose from 1.8 to 3.4 million in value.
Shipments of perilla seeds dropped {from 12 10 6 million in value, though perilla el! rose to 8.3 million' yuan.
"ust below seeds in the table, comes the classification, spirituous bever~ ages, from which we find that Man-Jehoukuo exported, keotlang cli, not Will order the price of cocktails re-medicated-4,109,114 pounds. "The duced. declared value was only slightly over Drag Imports Increased tone halt million dollars, or say eight Chemicals and pharmaceuticals im-1b, for $1. Now eight 1b. of this stu ported increased feom 12 million to measures more than a wine gallon, million. Tobacco imports "which works out at 12% cents a pint lereased from 84 million to 6 mil-(an actual pint not 9 reputed pint {ion, that from China (sil the largest It seems that the public should upper) showing silghe decrees, warned that this low-priced beverage while shipments {rom American has been exported presumably to creased, Among the other necessities {Gasolene increased in. value from 17 For the benefits of those who do} failiion to'68 million, America' and Met know what haoling chin is, one Rumania getting most of ths business Jquotes the explanation given here by Kerosene all figures rose. from 12 young man who was sent to an in-million to 64 million, America supplyterior town fo erect a boiler. When ing about half of 1t, Lubricating all returned his eyes were dimmed Imports rose. from ¥.2000,000 to. 63 fand his health was sheltered. In million Japan was the leading. sup-reply to sympathetic enquiries, he said, lier, with America. a. close. second. "The satisfied customers kept giving Manchouleuo's purchases of crude all me kaoliang clu to drink—you know, re reported og 83 milieu against 89 the stuff they put water in to make fniliion the prosoding year: mest of vodka.
This came from America, not quite 1/3 Textile Fibre Exports fof the total sum. being from the The export of textile thres was Baneien islands (British).
Ineariy doubled, amounting {0 142 "The New State Increased her paper millions, the increase being largely purchases from 13 to 20 million yuan, jin raw' silk and alle waste. Cotton Sapan' supplying. sbout 60 per cent yarn fell from 5,5 million to 3.7 iL. Though Manchoulewo exported million, Ores, metals and the like, eatly 3,000,000 yuan worth of wood increased to 19 and q half million in ud timber, chiefly" to Korea, new value, the rise of serap metal to 2 [construction work necessitated "the jand '2/3rds millions contributing fherease. of timber imports fom 10 largely, while old copper also rose million yuan to 121: million. Japan, {from 3 million to 1.1.
Korea' trid. the United States.
The detailed table of imports shows America supplying practically all, of the large and consistent increase in "That the peak of the construction the Japanese textile trade with the one Boom had passed, and local. produto exception of artificial silk yarn which Were being used, was shown by the dropped from 136 million to 1 mil-figures for-cement. Imports dropped Hon from Japan alone, Tialy also fiom 32 million yuan to 9 million Host over two-thirds of her trade in While exports fell of from 2 million this tine. In iron and steel there was fan impressive increase, largely of Sagem shipped 10. million yuan course from Japan, though America worth of rubber shoes against japan Jand Belgium profitted from this trade, fnillion Yuan worth of equipment for Jand Germany maintained a volume of "Gum-shoeing" in the. preceding Jabout 1.4 million yuan. Vehicles and period. Perfumery and cosmetics vessels which rose to a total of 37 Fenistered an increase from 234. million yuan, included a 50 per cent.
2'iillion yuan, France supplying ess Increase in aeroplanes and parts and than one death of ft, and Japan prac= Jconsiderable: gains in locomotives and tiealy all the res.
Jsutomotive lines. The United States Fature of Trade jure credited with only 4.6 million of this total The future of this trade is a matter:
Radio sets more than doubled in for grave misgivings, as it is reported. value, reaching ¥.24 million though that, following the example of Japan, since' that time restrictions in their the Government intends to close all importation and use has practically dance-halls. At the same time Man-wiped out foreign trade in this line. choukuo's export of talcum and tale Imported rice dropped from 104 powder, which increased from ¥.1,000,- fo 8.1 million yuan while Imports of 000 to'22 million yuan may hope flour fell away from 227 to 122 for improvement due to increased /miltion in value, Australia and, to orders from. Japan's cosmetic fac-lesser extent, China being the' prin-tories. cipal losers. "Sugar imports diminish-Germany doubled her business in fed from 27 million to. 18. million, photographie apparatus and materials still leads Japan in this: trade Japan suffering the most, and the Notherlonds Indies gaining in this Which totalled just under 4 milieu vad, largely at the expense of yuan against 2.1 million in 1936, America also doubled her photo trade which is now about 18 per cent. of Wines, beer and spirits increased! the total. by 10 per cent. the modest amounts Tt is to be expected that later consumed by foreign residents, not reports will show a marked change Jshowing any important change. though in the trade of this country. The [since the period under review, a com: Festoration of trade with North ination of practically prohibitive China, will no doubt bring increasing. duties, refusal of import permits for orders to the rapidly expanding fac-luxuries and restriction of foreign exchange for. imports, other than from farles in Manchouku "Except in the elds of special equipment Japan, bid fair to raise imported, for. lan spirts and wines to the class many bids fair to ip her com-Heavy Industries," In which Ger petitors, and such necessities as Impending Trademark Infringements Japan cannot supply, and Manchoukuo jesnnot do "without, foreign imports Visitors, who in the pastihave been seem doomed'to decrease sadl amused at such brands as "Queen George" or "White Wolf" whisky, Napoleon Scotch" and similar Jmenances fo the health of careless
Text read from the printed page and cleaned; old type leaves the occasional error.