Excerpt from Foreign Agriculture, Vol. 2: A Review of Foreign Farm Policy, Production, and Trade; September, 1938
The increased production of Chinese cotton went hand-in - hand with increased domestic consumption of this staple and a decline in the consumption of foreign cot ton. In 1921, China’s textile industry used about 1 million bales of native staple, representing 74 percent of the total consumed. In 1936, the spinning mills used bales of Chinese staple, which was 92 percent of the total consumption. This development practically eliminated cotton imports, including American cotton, from the Chinese market.
Prior to 1911, there were practically no imports of American raw cotton into China, and from then on through 1920 they probably averaged not more than bales annually. Only with the expansion of the textile industry in 1920 and after did it become necessary to obtain an increased volume of foreign cotton. The produc tion of Chinese cotton during the period 1920-1930 remained at about the same level, and the bulk of it was suitable only for spinning 20-count yarn and lower. Indian cotton was mainly used in the spinning of counts up to 32, and American cotton had to be imported for the spinning of higher counts.
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