The writer then proceeds to refer to what had been happening, in Formosa and Korea. where following, the Incorporation of these territories into the Japanese Empire the British trade had been reduced to less than tone per cent. The same thing, he says, is going on in Manchoukuo und''there are no grounds for supposing that there would be any difference in the five North Chiba provinees and even in Central China Japan should succeed in realizing her plans.
The "Dally Telegraph" adopts the same standpoint. A bloc formed of Japan, "China and Manchoukuo Would of necessity harm the interests of the Western Powers to an me sufferable extent, Even" German firms have already seen themselves obliged to withdraw from Manchou-Kuo. and Anglo-American all com= panies have been badly hit by the operation of the state control of the petroleum monopoly in Manchoukuo. Even if it is the case. that the British trade has not been greatly affected by the events in China, this cannot be said of the British capital for excepting the Argentine country had attracted more British capital than China, For this reason, Britain had in the last resort, greater economic interests in China than, for instance, the United States of It is froely admitted by the writer of this article that the economic possibilities of the future East Asiatic bloc are extremely favourable for Japan which, while requiring only fo a small extent to sup-ied plement her food supply by imports from those parts of the "mainland under her control, would be able to obtain from China all her requisite
Text read from the printed page and cleaned; old type leaves the occasional error.