The Archive · 1940

Chungking, Aus. 10

The value of China's exports in the fist she months of 1940" was more {thon double that of the corresponding Period of Test Year, according to the Jotest report by the Chinese Maritime Customs "The report slates the export gute for the host "six. months of 1040

during. the. corresponding. period. of Icaled $0488 whic "exports for. year amounted. to $411.610202 Responsible for this spectacilar'Increave ae textile bros, animals and Snimel. products, all, tallow, wax and tea.

Exporis of wood-all are valued of $2400800,° in slabs and Ingots $26'200270; bristles $96,768, 104.

During the same period, China imported 0200000 thres of gasoline, Valued at 5,127,718 Customs Gold {2'ssene, Units, white "last year's figure was about the same. For June, 1940, the Import of gasoline amounted to 78 361 Customs Gold Units—Reuter, Brilish Capital Favoured The survey" stated that the Ameri can investments In the Netherlands Indies are not so important as are the sources of raw materials. This Is parily due to the fact that for years. the Dutch "favoured British rather than American capital.

However, in 1929 American invest monte there reached a peak of $201, 300,000.

The tendency for American interests to expand was very marked in the beginning of the present year, the survey said, The Philippine "Manufacturing Ca., a subsidiary of Proctor Gamble, had planned to Jease 10,000 fequare mites of land for cultivation of palm trees and to construct a plant for the manufacture of palm "Another American company, whoae name was not disclosed was reported ready {0 set up a margarine factory "The construction of a US$4,000,000 high-octane aviation gasoline plant by the Slanward Oil's subsidiary company there was recently completed.

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

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