Article Analysis in Relation to the Nature of the Book Trade between Europe and China
Written by T.P. Yang, The New Book Trade in Shanghai, is an amazing article that attempts to define the roots and growth of the new book trade establishments in China. Appearing in The China Weekly Review, the article not only highlights the factors that contributed towards the said growth, but also the reasons for the depression in sales during the previous year (1930), and the various approaches that merchants adopted in an attempt to remedy the situation.
In relation to the factors that contributed towards the growth of the new establishments, the author highlights five key points. These include; the growing demand from the reading public, the opening of outfits keen on spreading propaganda, the profit potential of the sector, the need to offer an alternative to the rigid processes of earlier entities, and the desire by those out of work at the time to try out new ventures. The author also speculates on the factors that had almost crippled sales during the previous year. These, according to the author include, but they are not limited to, circulation issues because of the war, local authorities’ interference, and the depreciation of silver. The merchants were, however, determined to remain afloat. Towards this end, they devised a number of strategies aimed at remedying the adverse effects of the depression. The strategies were inclusive...
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