250

61

1929.

60

The table also shows the post-war figures reduced to the basis of 1913 values, a calculation which indicates a reduction in the volume of British exports to China (including Hongkong of 33.5 per cent. as between 1913 and 1929, and a progressively downward trend in the British export trade to that market.

BRITISH EXPORTS TO CHINA AND HONGKONG OF ARTICLES WHOLLY OR MAINLY MANUFACTURED.

those entering China from Hongkong and appearing in the Chinese Returns as imports from that Colony:

IMPORTS INTO CHINA IN 1913 AND 1929 OF PRINCIPAL CLASSES OF MANUFACTURED GOODS IN WHICH GREAT BRITAIN IS INTERESTED.

Percentage from

Total Imports in £ Million.

Gt. Britain

United Japan

Germany Other

States

Countries

1913

1924

1928

1929

Cotton Goods

1913 17.2 1929 23-3

53

21

285

20

66

Declared values

£ 17,017,421

£

£

£

On the basis of 1913 values Index of volume

Per cent.

(1913-100)

100

27,006,450 13,580,000 Per cent. 79-8

19,085,379 11,406,000 Per cent. 67.0

18,389,719

11,317,000

Per cent.

Cotton Yarn

1913 10.8 1929

1.9

66.5

45

401

British

India

251

111

(Most of the balance of Imports in 1929 is recorded as from Hongkong.)

111. The imports into China of the principal manufactured goods, in which Great Britain is interested, increased from £41.5 million in 1913 to £63 million in 1929, as follows:-

Belgium

Metals, Minerals

1913

4.5

21

1929

9.5

131 20

225

26

7

8

10

17

20

1913.

1929.

Belgium

1,000 £'s. 1,000 £'s.

Dyes and Pigments

1913

2-6

31

1929 4.4

9

161

**

34

41

43

1

Cotton Goods

17,236

23,333

Cotton Yarn

Metals and Minerals

Dyes and Pigments

Cigarettes

H

Woollen goods

Chemicals

Paper

10,791

1,910

Cigarettes

1913

1.9

68

5

4,494

9,473

1929

2.8

421

48

2,637

4,435

1,913

2,762

Woollen goods and

1913

1-3

431

15

yarn

1929

6.0

46

24

1,298

5,982

1,093

4,589

Chemicals

1913

1-1

21

134

1

4

1,089

4,554

1929 4.6

16

18

12

Machinery

Motor Cars

872

4,129

79

1,541

(Much of the Imports of Chemicals, medicines, etc., are recorded as from Hongkong and are mostly of native origin.)

41,502

62,708

These ten items represented approximately 47 per cent. and 37 per cent. respectively of the total value of China's gross imports in the two years above-mentioned.

112. A comparison of the Chinese Import Returns for 1913 and 1929 shows many striking changes in the distribution of the above trades, as will be seen from the following statement, indicating (approximately) on a percentage basis the shares secured by the principal countries of supply. It must be noted, however, that these percentages refer solely to direct imports and do not include

Paper...

1913

1.1

12

172

15

1929

4.6

31 371

104

9

Machinery

1913

0-9 371 101

9

16

1929

4-1

32

21

181

131

Motor Cars

1913

0-08 26

221

20

1929

1.5

ឥន្ទ

361

46

113. It will be noted that in all but two of the above items- dyes and woollen goods-Great Britain's share of the trade has fallen off. As regards woollen piece goods (as distinct from yarns), there has, in fact, been a very substantial decrease in

251

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