CHINA
Net Imports from Abroad, 1933 and 1934.
According to the groupings in the Monthly Returns, and in the order
of their monetary importance during 1934.
A7
1933.
Cotton and Manufactures thereof
St. $ 169,406,619
1934b St. $
!
126,221,595
Cereals and Flour
275,025,796
112,229,513
Candles, Soap, Oils, Fats, Waxes, Gums and
Resins
167,488,507
108,470,242
Metals and Orcs ...
97,066,538
99,037,648
Machinery and Tools
43,178,244
59,351,553
General Sundry List ...
52,098,742
55,670,665
Miscellaneous Metal Manufactures
73,609,447
53,946,332
Books, Maps, Paper and Wood Pulp
55,895,532
49,567,669
Chemicals and Pharmaceuticals
51,383,310
41,641,343
Dyes, Pigments, Paints and Varnishes
40,126,727
38,833,077
Vehicles and Vessels...
36,311,562
37,016,402
Wool, and Manufactures thereof
33,550,473
35,746,165
Timber
...
37,313,785
34,245,067
Tobacco
29,643,711
33,990,227
Sugar
42,026,412-
32,463,941
Fishery and Sea Products
22,531,856
18,129,624
Animal Products, Canned Goods, and Groceries
15,064,990
13,613,036
Coal, Fuel Pitch and Tar
23,417,404
12,119,763
Flax, Ramie, Hemp, Jute, and Manufactures
thereof
10,981,404
11,510,445
Wood, Bamboos, Rattans, Coir, Straw, and
Manufactures thereof
11,564,643
i0,158,719
Medicinal Substances and Spices
9,054,256
9,028,664
Silk (including Artificial Silk) and Manu-
factures thereof
13,738,245
7,525,655
Fruits, Seeds and Vegetables...
7,640,532
7,340,199
Chinaware, Enamelledware, Glass, etc.
8,439,957
6,934,069
Hides, Leather and other Animal Substances
7,267,500
6.099,431
Stone, Earth, and Manufactures thereof... Wines, Beer, Spirits, Table Waters, etc.
7,9€0.241
5,530,729
...
3,780,753
3,243,451
Total...
$1,345,567,188
$1,029,665,224
EXPORTS
I
The value of the export trade fell from $612 million in 1933 to $535 million in the year under review, a total which is exactly half of that registered in 1929 as a record for the post-war boom in the outward trade. It should be noted, however, that the figures for 1929 were indeed an all-time record established just before the tragic depression in world commerce set in, and it would be a great mistake, therefore, to regard the above results as being due entirely or even chiefly to disabilities inherent in this country's internal situation, as the poor showing made by the figures for 1934 cannot be dissociated from the difficulties of an economic situation universally existent at the present time. In the absence of any appreciable improvement in the international trade of the rest of the world, China's quantitative statistics for the year are quite impressive, and the slightly lower value statistics are no indication that the country is failing to adjust itself to the changed conditions under which trade has to be conducted to-day, rather the reverse. It is on the present highly competitive price-level that results quoted according to value "should be judged, and it is not with past records for this country, but with the disappointing outcome of the year's international commerce in the rest of the world that they should be compared.
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