All principal exports from China, such as wood oil metals, tea, silk, hides, skins and wool will remain under control However, the list of controlled exports has been reduced from twenty-four to thirteen items, the decontrolled items being cotton, tobacco, wood, human hair, groundnuts, apricot-seed, eggs, sesamunseed, bamboo, and products from the foregoing, likewise woollen piece-goods and blankets.
The purpose of exchange control was originally instituted in an effort to ensure the Government securing an adequate supply of foreign exchange while hindering trade as little as possible.
It is stated that the formality necessary to obtain exchange permit has now been cut down to a minimum, in onder to expedite the flow of goods from China.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.