I've gotten to 1895 playing China. My big problem is that my steel, manufactured goods and coal - all the things I need to build up a navy so I can keep Japan at bay and challenge Great Britain for control of Hong Kong and Malaya, keeps fluctuating no matter what I do and how much I appear to produce on the Ministry of Commerce screen. No matter how I set my domestic consumption.
Therefore I have a lot of trouble building railroads and the more expensive factories that I want, not to mention navies. Meanwhile I have lots of useless cash.