BENEFIT FROM WAR
GROWTH OF INDUSTRIES INTERIOR OF CHINA (Per Press Association.) AUCKLAND, this day. Provinces in the interior of China have benefited industrially as a result of the conflict with Japan. Wages have risen considerably, but they have been offset by the higher cost of living. These facts were given by Mr. and Mrs. O. Metcalfe, Auckland, who have returned after five years in the West China with the China Inland Mission. Mr. Metcalfe explained- that many wealthy Chinese who have been driven from the coastal areas by the war were supplying the necessary capital for the development of mines and other natural resources. This had resulted in rapid industrialisation of the interior areas.
The demand for labour had meant a rise in wages, but costs were high, partly because of the depreciation of Chinese currency. Actually, tire purchasing power of the Chinese worker was about the same as before.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GISH19391205.2.69
Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20112, 5 December 1939, Page 6
Word Count
151BENEFIT FROM WAR Gisborne Herald, Volume LXVI, Issue 20112, 5 December 1939, Page 6
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in