ABSTRACT
Tientsin is a great, sprawling commercial and industrial city lying a few miles inland from the Gulf of Pohai in north China. The import trade at Tientsin, elsewhere in China, is rigidly limited by the Central Government’s Revised Foreign Trade Regulations of November 17, 1946, which provide for strict regulation of all of China’s foreign trade. Industry in Tientsin is affected by many of the factors that cripple trade, and industrial rehabilitation since end of the war has been extremely slow. The most important industry operating in Tientsin is cotton textile manufacturing; it is almost entirely government-owned. Private enterprise is hanging on, however, in some other important industries—chemicals, rugs, and cement—but it is subject to continuous government pressure, regulation, and intervention. The failure of local industry to recover since the end of World War II has been particularly disappointing to Tientsin businessmen because the prospects for private business in the city seemed good immediately after the war.
