Problems of the Far East : Japan--Korea--China

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In 1 892 the total foreign trade of the Empire amounted to £47,550,000, of which £27,050,000 were imports and £20,500,000 exports ; and of this enormous total Great Britain and her Colonies (including Hongkong) claimed 60 per cent., or £28,500,000; and Great Britain alone £8,000,000, over three-fourths of which were expended by China in imports from this country. If we take the returns of shipping, the British preponderance was even more clearly marked ,• for out of a total of 29,500,000 tons t...hat entered and cleared from the Treaty Ports in 1892, 65 per cent., or nearly 19,500,000 tons, were British vessels ; Germany, the next European competitor, having only 1,500,000.^ Taught by us, the Chinese themselves now absorb no inconsiderable part of the Treaty Port trade ; but the vessels which Chinese merchants own and run are commanded by British officers, and are guided into the rivers and harbqurs by British pilots.
Nor is this trade, immense though it seems to be in relation to the time within which it has been developed, 1 The Returns for 1893 showed that the total value of Chinese Foreign Trade had increased by £6,000,000.


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