MARKETS IN CHINA

Poverty Bay Herald, Volume LXI, Issue 18590, 28 December 1934, Page 9

MARKETS IN CHINA

DOMINION’S OPPORTUNITY

A DEVELOPING COUNTRY

REPRESENTATION N E KDED

Prospects ur future markets for New, Zealand primary products in China were reviewed by Colonel L. M. Cosgra\e, former Canadian Trade Commissioner at Shanghai, wiio was a through passenger on tlie Niagara at Auckland. -He -S travelling to Melbourne, where he has been transferred, and is accompanied by Mrs. Cosgrave and two children. Coi. Cosgrave spent 10 years as trade commissioner at Shanghai. •‘New Zealand has a great opportunity for establishing new markets in China, provided that the negotiations are intelligently handled and there is dennitq representation,". said Colonel Cosgiave.. The British Empire was regarded by; China in a move friendly way at present than it had teen for the past 30 years.

PRESENT OPPORTUNITIES

The time was ripo for outside countries to make serious efforts to secure trade in China, stated Colonel Cosgrave, China was working in well with the) foreign business 'man. The Chinese were only beginning to use and to understand the value of dairy produce. They regarded the health of their children, as a primary concern,' and ,thi«\ Would' be an important consideration in connectiin with the importation of foodstuffs. , As far as the future market for wool was concerned, he considered that within the next live or 10 years there would be a keen demand by China for the raw product from the growing countries. Ho based his remarks on the fact that the first woollen mill was now in the course of construction at Shanghai. It would be some little time yet before the market became pioperly organised, but this was a beginning. A thorough examination of the existing conditions would he well worth while. "Markets m China are certainly going to develop, ’ he said. China was out of the depression now, and large interests were starting to look further afield for possible agreements. Shanghai handled about 60 per cent, of China s exports. Many different commodities were imported from Canada, ranging from primary products such as timber, wheat and flour, to machinery and electric cookers.

DEFENCE FORCE COMMANDER

Colonel Cosgrave said that his stay of 10 years ,n Shanghai had been very) interesting. In that period there had been nine chauges of rule, and at various times sharp differences of opinion between Japan, China and Russia had led to very unsettled times. The Shanghai Defence loree had been commanded by Colonel',N. W. B. B. Thoms, a New Zealandey, who he considered hacj i“ ev ’ c T received sufficient credit for the splendid work he had done. The members consisted of 23 different nationalities, andj Colonel Thoms had been an excellent! leader, keeping order throughout a very difficult period. Colonel Cosgrave spent a fortnight in Honolulu at the time.of the extensive search by the American Army, Navy! and Air Force for Mr. 0. T. P. Clin, who was lost while flying between California and Honolulu. "It was a nificent performance,” he stated. There was 40,000,000 dollars’ worth of equipment engaged in a tremendous search, and no one spared themselves in theii) efforts to find the missing aviators, Some of the aviators were flying 11 hours a day, and one officer totalled 46 hours in six days,