-380
CHINA.
in their home country, but during 1930 the depression in the above trades has thrown enormous numbers of Chinese out of employment and remittances thence and from America also, where unemployment is no less rife, must in the future, if they have not already done so, decrease considerably when eşti- mated in gold, even though the outturn in silver may superficially assume a less portentous aspect.
DIRECTION OF TRADE.
Appended is a comparative table for the last two years showing the mer- chandise balance of trade between China and each of the countries named. In analysing this table it must be again emphasised that the countries of proven- ance and destination are those recorded by the Customs in accordance with the declarations made by importers and exporters or as appearing on bills of lading and shipping orders. Once again, every endeavour has been made in the interests of trade to encourage merchants to state the correct country of origin and ultimate port of discharge, but little or no progress can be reported, though it is antipated that some improvement may be forthcoming in the near future. Hongkong still remains the bane of accurate statistics, while many cargoes consigned from or destined for Canada and the United States are assigned to Japan, and this is especially noticeable in the case of Northern and Manchurian ports. Germany, possibly more than any other country, still suffers from the effect of incorrect declarations.
The Direction of China's Foreign Trade
In thousands of Haik wan taels (000 omitted)
1929. Excess of
1930.
Excess of
Imports. Exports. Hk. Tls. Hk. Tis,
53,405
COUNTRY.
NET IMPORTS.
1929.
EXPORTS.
1930.
Hk. Tls. Hk. Tls.
1929. Fik. Tls.
Hongkong
1930. Hk. Tls.
Imports. Exports.
Hk. Tls. Hk. Tis.
214,412
211,423
173,581
158,018
36,831
Macao
5,770
French Indo-China
5,100
4,442
4,022
1,328
1,078
14,263
27,831
5,754
3,882
8,509
"Siam
23,919
4,145
3,374
5,136
5,554
991
Singapore, Straits, etc.
•
2,180
11,098
8,931
23,560
19,177
12,464
Dutch Indies
10,346
54,262 47,450
12,459
11,707
41,803
British India
35,743
54,180
132,093
17,815
16 953
36,365
Turkey, Persia, Egypt, Aden, etc.
115,140
1,912
1,865
54,541
22,150
Great Britain
52,629]
20,285
118,657
107,118
74,331
62,689
44,323
44,449
Norway..
..
4,171
3,213
281
301
Sweden
3,887
2,909
3,827
4,164
662
687
3,165
Denmark
3,477
294
410
1,398
1,634
1,104
Germany
1,224
66,753
68,799
22,459
23,361
Netherlands
44,295
45,438
11,826
10,627 39,513
41,944
27,717
Belgo-Luxemburg Economic
34,317
Federation
25,755
27,401 4,133
4,533 21,622
22,868
France
18,044
16,758
56,319
42,700
Switzerland
39,275
25,912
2,586
2,695
74
89
2,512
2,606
Italy
19,817
14,648
16,377
9,332
Russia and Siberia
3,440
5,316
·
18,148
18,461
55,986
55,413
37,838
Korea
36,952
14,868
13,022
39,784
Japan (including Formosa)
44,175
24,916
31,153
319,075
322,303
256,428
216,555
62,617
105,748
Philippine Islands
5,030
4,211
7.419
Canada ..
8,353
2,389
4,142
38,413
13,488
2,160
U.S. of America (incl. Hawaii) Cuba
3,491 36,253
9,997
230,109
231,6:3 137,836
131,880
92,273
99,773
3,657
Australia, New Zealand, etc.
6,015
1,351 7,586 1,103
7
3,657
1,344
1,308
Other Countries
4,907
6,278
2,694
3,881 2,096
1,916
598
1,935
Total
414,912
1,265,779 1,309,756 1,015,687 894,814 250,092
REPORT ON TRADE.
Turning to the table itself and, as before, eliminating from all calcula- tions the figures for Hongkong as being in dispute, Japan still easily retains the premier position in China's trade both in imports and exports, while the balance of trade in her favour more than regained the loss recorded during