DENIES USSR EXPLOITATION OF CHINA BRISTLE MARKET

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-00809A000600300285-2
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: December 22, 2016
• Document Release Date: September 7, 2011
• Sequence Number: 285
• Publication Date: April 19, 1950
• Content Type: REPORT

Sanitized Copy Approved for Release 2011/09/08 :CIA-RDP80-00809A000600300285-2
CLASSIFICATION CONFIDENTIAL ~ONFIR,rNr'e'
CENTRAL INTELLIGENCE AGENCY RePOR~
? ~ INFORMATION FROM
FOREIGN DOCUMENTS OR RADIO BROADCASTS CD NO.
COUNTRY China
SUBJECT Ecoaomlc; Political -Commerce
HOW '
PUBLISHED Daily newspaper
WHERE
PUBLISHED Hong Kong
DATE
PUBLISHED 18 Mar 1950
LANGUAGE Chinese
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or v. u.me mru nnu m .uuu or ttnoeuc per re
.... c.. ai a. u. a ?uuu. m nuuuuo. oe m .ncuno.
sr m com.n a un u..u ro ~. nu.douno ruro. a no?
uun. n u.. nno..rno. or r.u rou a r.o.ume.
DATE OF
INFORMATION 1950
DATE DIST. ~g Apr 1950
DENIES USSR EXPLOITATION OF CHINA BRISTLE MARKET
CALLS US REPORT UNTRUE -- Hong Kong Wen-hui-pao, 18 Mar 50
A report from the U6 Information Service (mei-kuo hsin-wen-ch'u) in
Washington, dated 14 March 1950, states that the USSR has been making a huge
profit by buying up Chinese hog bristles at low rates and reselling them to the
US. Persons familiar with the commerce picture label this report as groundless:
In 1949, the USSR took 65.8 percent of the hog bristles exported from North~-
China; the US took 19.07 percent. The reason China's hog-bristle trade with the
U88R developed so briskly in 1949 was that the Soviet Union, willing to cooperate,
made agreements to take more than half of China's hog-bristle export, while the
US imperialists, suspicious of New China, held 9cxn the market price, plotting
to cut off China's foreign market in hog bristles and by their accusations, to
Jeopardize the friendly relations between the USSR and China. The USSR attitude
has reduced to insignificance this subversive scheme to destroy China's foreign
trade.
The fact that the US could, even though it does not, buy hog bristles
directly from Porth China or Hong Kong instead oP Prom the Soviet Union renders
the report patently false. US prices for hog bristles are far below chat they
should be, xhich proves that the US is attempting to hold the market price down
and that the U3 dces not need a large quantity of hog bristles at present.
HONG KORG HOG-BRISTLE MARIDSC SLOW -- Hong Kong Wen-hui-pao, 18 Mar 50
Since the Chinese trade authorities instituted the centralized marketing
plan in 1949, the amount of hog bristles shipped into Hong Kong ftom ell areas
has been smaller than before, but, according to reliable data, Hong Kong's im-
ports for January 1950 were 1,'080 piculs valued at 5,756,600 yuan, and the
January exports were 4,303 piculs valued at 13,651,197 yuan. Moat of the exports
went to the US: approximately 3,745 piculs with a total value of 12,721,702 yuan.
This figure of over 10 million yuan is not very large. but compares favorably
with other export items.
- 1 -
~oh-FIDENTIA>:, CONFIfiE~TIA~
DISTRIBUTION
Sanitized Copy Approved for Release 2011/09/08 :CIA-RDP80-00809A000600300285-2
 Sanitized Copy Approved for Release 2011/09/08 :CIA-RDP80-00809A000600300285-2 ~
COPIFIGENTIAL
According to a responsible person in s certain Hong Kong commercial firm,
at present the Hopg Kong hog-bristle market is in bs,. shape, Sirice hog bristles
come is from north China in such small quantities, Hoag Kong has been unable to
contract business xith any country for some time. Hong Kong has bees shipping,
hog bristles to the II3 for several months, but all of this hsa been private ship=
meats for smell co?ercial firma to branch firms in the US, xhere they are being
held for a rise in the market, and these shipments do not constitute transactions
batxeen individual firms and the US. hfost of the hog bristles new cuing into
Hopg Kong era from Chungking and Hankox.
CQIdF16ENTIAL
Sanitized Copy Approved for Release 2011/09/08 :CIA-RDP80-00809A000600300285-2