COTTON INDUSTRY at SHANGHAI.
A cotton factory is to be established in Shanghai, under official auspices. The capital has all been subscribed and the commencement of operations is said to be only a question of a very short time. If this factory is started it will be a very heavy blow to the Manchester industry. Of late years the trade in English and American cotton piece-goods has become exceedingly unpopular in China because of the frauds perpetrated in the sizing, for the evident purpose of cheating the consumers. In Bombay a similar company has been formed for the manufacture of the finer classes of cotton goods, and it needs but the actual carrying out of these projects to make India and China formidable competitors in the cotton goods trade.
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Bibliographic details
Patea Mail, 15 April 1882, Page 3
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129COTTON INDUSTRY at SHANGHAI. Patea Mail, 15 April 1882, Page 3
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