Rhine City.
Recently, East Africa had not had much spare attention to devote to the shifting European war situation. On one hand, it had eaten its fill over the past two years, expanding its colonies alone by more than a million square kilometers. On the other, East Africa's Third Five-Year Plan was about to be settled.
Colonial expansion had been accompanied by the expansion of East Africa's overseas markets. In regions such as the Far East, South America, the Middle East, and West Africa, East Africa had achieved tremendous results. So long as it could preserve its competitive advantage in the markets of these relatively neutral regions after the war, even if that advantage shrank, the overseas market East Africa could encompass would surpass France's and be no less than Britain's or the United States'.
Britain possessed too many colonies, and their economic value was high. Like East Africa, the United States was conquering territory and seizing ground in overseas markets, making it East Africa's strongest current competitor in overseas market expansion.
Svit said to the government officials, "Last year's steel production report has been compiled. Throughout 1914, our steel output reached thirty-seven million tons, setting a new historical high. In particular, influenced by the European War in the latter half of the year, our steel output increased by more than three million tons."
"At the same time, American steel output should have been between twenty-seven and thirty million tons. The American steel industry has revived under the stimulus of war, but the severe blow dealt to it by the earlier economic crisis has temporarily prevented American steel production from returning to its peak. However, next year we may face even fiercer competition from the American steel industry."
"Specific figures for the European nations are difficult to determine because of