Modern business geography

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Monograph

Identifikator:: 1830562916

URN:: urn:nbn:de:zbw-retromon-217337

Document type:: Monograph

Author:: Huntington, Ellsworth http://d-nb.info/gnd/117070092; Cushing, Sumner W.

Title:: Modern business geography

Place of publication:: New York [usw.]

Publisher:: World Book Company

Year of publication:: 1930

Scope:: VIII, 352 S.; Ill., graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part four. The field of consumption

Collection:: Economics Books

302 Modern Business Geography stead of demanding the manufactured leather shoe of the West, they are content to go barefooted or to wear a simple straw sandal. The conditions in China, however, are gradually changing. In- creasing exports of tea, silk, beans, and raw cotton enlarge China’s power to buy from the outside world. Missionaries, merchants, and Chinese students who have studied abroad are teaching the Chinese new standards of living, and are creating new desires. Hence imports into China are increasing in both quantity and variety. Among the imports, cotton goods are the most important, but metal goods, rice, fish, coal, and cigarettes also find a market. The imports of today, however, are generally supposed to be merely a promise of the great volume that may be wanted in the not distant future. Therefore all the great commercial countries are much in- terested in China. Nevertheless, in spite of our position just across the Pacific from China, we have only one sixth of the country’s foreign trade while the British Empire and Japan each have more than a quarter. In southeastern China, Great Britain controls the island of Hong- kong and the opposite mainland. She has loaned money to China, established banks, built railroads, secured mining concessions, assisted in the collection of customs, and in various other ways has strength- ened her position. Japan has lagged only a little behind Great Britain in attention to Chinese trade. The Japanese are trying in every possible way to de- velop a Chinese market for their rapidly increasing manufactures, and they have been eager to secure railroad, mining, police, and banking rights, especially in the part of China near Chosen, and in Shantung. The United States has always stood for the equal rights of all na- tions in the Chinese market, and for fair play to the Chinese. This “ open door ” policy has been subscribed to by all the principal na- tions. It will not, however, create American trade unless alert busi- ness men are ready to supply just the goods that the Chinese want, at prices they can afford to pay, and of as good quality as those offered by other countries. SOUTH AMERICA AS A MARKET The continent of South America buys great quantities of manu- factured goods, especially textiles, farming implements and machinery, railroad equipment, and other iron and steel goods. It pays for these by exporting rubber, coffee, foodstuffs, wool, hides, and minerals like nitrate of soda. The whole continent of ten republics and

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