NEW ZEALAND PRODUCE.

Waikato Times, Volume 116, Issue 19458, 24 December 1934, Page 8

NEW ZEALAND PRODUCE.

MARKETS IN CHINA. PROSPECT OF DEVELOPMENT,

AUCKLAND, Monday

Colonel L. M. Gosgrave, former Canadian Trade Commissioner at Shanghai, is a through passenger on the Niagara. He is travelling to Melbourne, where he has been transferred.

“New Zealand has a great opportunity for establishing new markets in China, provided that the negotiations are intelligently ’handled and there is definite representation,” said Colonel Cosgrave.' The British Empire was regarded by China in a more friendly* way at present than it had been for 30 years. The time was ripe ' 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 this would be an important consideration in connection with the importation of foodstuffs. As far as the future market for wool was concerned, he considered that within the next ■ live or ten years there would be a keen demand by China for the raw product from the growing countries. He based his remarks on the fact that the first woollen mill was now in course of construction in Shanghai. ■ "Markets in China, are certainly going to develop,” lie said. China was out-of the depression, and large interests were starting to look further alleid 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.