JAPAN’S OFFENSIVE AGAINST THIRD POWER INTERESTS
JUST as the Japanese steam-roller has crushed all foreign interests in Manchuria, so the same process is being openly carried out in all the Japanese-controlled regions in China proper. The foreign trade of Manchuria is now almost entirely in the hands of the Japanese, as nearly 80 per cent of the goods imported into that area come from Japanese sources, while about 65 per cent of the exports are sent to Japan. The same tendencies can be noticed in North China today, and are spreading into East and Central China. This economic offensive is now fairly well known to foreign officials and business men in China, but its implications are not yet fully appreciated abroad. In this chapter we shall review Japan’s elaborate system of economic penetration in China as well as some of the more glaring examples of Japanese violation of Third Power treaty rights.