FOREIGN INTERESTS IN CHINA.
"The dangers to the comfqercial world of the Japanese manoeuvres are obvious," says the Financial Times. "Alone among the comparatively backward countrieS, China has in recent yeqrs been judged sufficiently creditworthy to have been the recipient of a considerable amount of foreign capital. While Japan has been culling dead sea fruit in Manchuria, we and others have been engaged in strengthening commercial relationships and in giving assistance of various kinds to the Central Chinese Government. With the help Of Sir Frederick Leith-Ross, China's financial system has been recently overhauled. And close co-operation with the United States in connection with silver and gold purchases has further strengtheued its flnances. In recent weeks Dr. Kung, the Chinese Minister of Finance, has been completing a highly successful mission to Eurdpe and the United States with the purpose pf attracting further foreign capital. The integrity and independence of China, on which her continued existence as an open market depends, is thus becomjng a matier of even greater importance than before to several of the njajor Powers, guifcs apeurt jrom aoy ethical pria^iple involTed«"- / ^
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Hawke's Bay Herald-Tribune, Volume 81, Issue 34, 3 November 1937, Page 4
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183FOREIGN INTERESTS IN CHINA. Hawke's Bay Herald-Tribune, Volume 81, Issue 34, 3 November 1937, Page 4
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