The Archive · 1941

China's Trade Tu 1940

Only Twenty Per Cent. of Customs Receipts Go to Free China

Chungking, Feb. 8.

During 1940 "Free China" ports registered a favourable balance of trade to the amount of $70,975,000. imports being $57,209,000 against $137,184,000 in exports, according to figures released by the Maritime Customs, Taking China as a whole trade was unfavourable to the amount of $68,294,000. Mengtze in Yunnan had the largest volume of trade, importing $21,016,000 worth of goods and exporting products valued at $10,597,700 and exports amounting to $46,024,000.

Shanghai topped all ports with 1m-ports totalling $758,309,000 and exports $1,372,810,000. Free China was able to collect only 20 per cent. of the total customs receipts of $4 700,000, the remainder being collec ed in Japanese-occupied areas.

The United States held first place in China's exports. Hongkong was second, importing $367,502,000 worth of goods, while Britain was third wit imports amounting to $196,798,- In China's imports the United States held second place, selling $435,486,000 worth of goods to China while Japan in the occupied areas sold $466,289,000 worth of products although she imported only $126,408,- 000 worth of goods from China, British India was third, exporting goods worth $175,275,000.—Reuter,

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

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