Attached on the right is a surprising magazine article that reported on the unprecedented success of Chinese Industrial Cooperatives during the earliest years of the Japanese occupation (1937 – 1945):
“Industrial cooperation in China, which was no more than a paper plan three years ago, today is a nation-wide movement that has cast a blight upon Japan’s economic aspirations in Asia and is providing the people of China a new means of salvation against aggression.”
“The plan for the Indusco movement came into being during the dark days of the spring and summer of of 1938…Seemingly, China was doomed to economic strangulation if not to military defeat. But a handful of Chinese and foreign “visionaries’ thought otherwise. They knew that time, area and population all would work to China’s advantage in any prolonged struggle.”
