Chungking, Sept. 30.
Tungsten has assumed a new importance following the announcement of the new U.S. $25,000,000 loan to China by the American Export-Import Bank to meet Chinese foreign exchange needs.
China has just shipped 6,000 tons of tungsten from Haipfiong to the United States.in two steamers, which have already arrived at their destination, it is learned. For the first seven months of this year China had already exported over 3,000 tons.
The Chinese National Resources Commission is at present -devising means to solve transportation difficulties, especially to evade the Japanese blockade. China is estimated to have an annual production capacity of 16,000 tons of tungsten—8,000 tons from Kiangsi, 4,000 from Kwangtung, Kwangsi, 1200 from fons from Yunnan
Text read from the printed page and cleaned; old type leaves the occasional error.