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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)