The Archive · 1940

To Market Product

Chungking, Feb. 13.

About 70 per cent. of China's total tea export goes at present to Soviet Russia, it is revealed here today.

The China National Tea Corporation, which was formerly a quasi Government enterprise, has now been made a subsidiary of the Foreign Trade Commission, which has decided to increase the capital of the corporation from $2,000,000 to $10,000,- 000.

The corporation will be entrusted with the production, manufacture, collection, transportation, and export of tea, Between January and November lest year, nearly 21,000,000 Hongkong collars worth of Chinese tea was exported from the British Colony, most of it going to Russia to {wii the barter agreement between the two countries.—Reuter.

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

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