WOOL FOR CHINA
PROPOSAL TO ERECT MILLS SYDNEY, Oct. 13. It was learned to-day that several Australian manufacturing groups have interested themselves in a proposal to establish woollen factories .in China, so that Australian wools can be made up by Chinese labor for tho Chinese population, which now totals 452,000,000. Discussing the matter, Mr. G. Bonnet, president of tho Chamber of Manufactures, said wages and industrial conditions wore so easy- in China that no nation could compete with her manufactured articles. China was putting, up tariff walls, but the creation of Australian factories inside those walls would provide a great market for Australian wool. China imported goods valued at £170,000,000 yearly, but Australia only sent £OOO 000 worth, of which four-fifths went from Victoria.
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Bibliographic details
Poverty Bay Herald, Volume LV, Issue 17607, 24 October 1931, Page 5
Word Count
124WOOL FOR CHINA Poverty Bay Herald, Volume LV, Issue 17607, 24 October 1931, Page 5
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