Economy
Massive capital investment was concentrated in Dairen (now the capital of the territory), wherein Japanese firms developed a significant industrial infrastructure, as well as creating a first class port out of the mediocre natural harbor. The facilities of the port at Dairen and its free trade port status made it the principal trade gateway to northeast China. The South Manchurian Railway Company was headquartered in Dairen, and some of the profits from its operation were channelled into transforming Dairen into a showcase city of modern city planning and modern architecture, with hospitals, universities and a large industrial zone.
Read more about this topic: Kwantung Leased Territory
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)