Trade -Desperate War of Japan in the Pacific- Enoki Flying Board

Episodes - Desperate War of Japan in the Pacific - Reports aboutMe

Trade

Qing

Tbl.2 Export
ratio to 1932
Nation	1934
Mexico & Cuba	12
South America	5
India	2
UK	2
Australia	4
South Africa	2
New Zealand	4

Tbl.1 Export
in Qing era
Region	million dollars
Spain	100
Japan	100
UK	60
US	90

Chinese official controlled export of tea, silk and chinas in 17th century. Western as well as Japanese wanted Chinese products. So China got a lot of silver as follows. China was very rich. 1 dollar weighted 26g of silver in those days. But Qing was losing her power after First Opium War.
Miyazaki p.351

Why did China controlled trading? Because the trading tax was income of Emperor. comprador (baiben) and gyoushou of Canton and western merchants got profit from the trading. But farmers of China had not been able to pay tax (copper) because of flowing silver from China. While Goverment of Beijing gathered tax (silver). Ratio of copper to silver was very high. Local government of Canton also gathered extra trading tax. The wealth of Canton succeed in building government in Nanjing.
Yokohama no baiben

Japan in 1930s
Export of Japan suffered damaged in 1929. But some people went ouf for new market to Africa, South America, Australia and Europe. The table shows the result. And London market was favor in Japan. Some people and military bureaucrats thought Japan could come out of the bad situation in a way to invade Manchuria in 1931.
Yoshida p.52-53

Tbl.3 shows Japanese-US trade from 1929 to 1934. Export decreased almost half, while import increased. The balance got worse. Cotton weight exchange ratio to silk was 24.1 in 1927. The ratio was 9.1 in 1934. Tbl.4 shows Japanese-UK trade. Japan exported silk to US and imported cotton from US. Japan exported cotton textile to Asia etc. Japan depended on import of oil and cotton from US.
Hinkoku, p41-42

Tbl.3 Japanese-US trade [million ¥]
Year Export Import Balance

sum silk (ratio) sum cotton (ratio)

1929 914.1 755.4(42.3%) 654.1 276.4(42.3%) 260.0

1930 506.2 398.7(78.8%) 442.9 176.8(39.9%) 63.3

1931 425.3 342.5(80.5%) 342.3 153.7(44.9%) 83.0

1932 445.1 360.1(80.9%) 509.9 320.8(62.9%) -64.7

1933 492.2 355.8(72.3%) 620.8 381.7(61.5%) -128.6

1934 398.9 239.6(60.1%) 769.4 400.9(52.1%) -370.4

Tbl.4 Japanese-UK trade [million ¥]
Year Export Import Balance

1929 438.7 686.9 -248.2

1930 339.5 449.5 -110.0

1931 265.7 373.8 -108.1

1932 369.8 403.5 -33.7

1933 461.1 592.1 -131.0

1934 627.0 722.5 -95.5