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“...commerce are mats, fans,
umbrellas, paper, medicines, alum and bean curd.
Exports.—The total value of these exports, all to Chinese ports,
was 1,360,5372., which showed a very great increase. The political
situation had, without doubt, a great deal to do with the willingness
of the Ningpo merchant to sell his wares or to send them to a place
of comparative security, i.e., Shanghai.
The articles requiring particular comment are :—
Cotton.—The cotton crop may be called excellent. Local cotton
mills consume a portion, and much of the raw product finds its way
to Taichow and Fukien. •
Tea.—With regard to the past year, the production of local tea
was practically up to record figures, and the export figures showed
that the Pingsuey tea was still in great demand abroad, and would
have been more freely sold but for the sudden rise in exchange, which
affected the export seriously towards the end of 1912.
Straw braid.—During 1912 the revival of the popularity of this
article, which had shown...”
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