CHINESE COMMUNIST TRADE POLICY AND COTTON MANUFACTURING CONDITIONS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R009000530009-2
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 3
• Document Creation Date: December 15, 2016
• Document Release Date: October 26, 2001
• Sequence Number: 9
• Publication Date: November 2, 1961
• Content Type: REPORT

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Approved For Release 200 C11 ZIQ J?fX- 82,0047 009000530009-2
CENTRAL IWEL LICENCE AGI*hbY- REPORT NO.
INFORMATION REPORT CD NO.
00 1 MI`s F ie C hina
Chinese Communist Trade Policy and Cotton
1'w ulfacturing conditions
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THIS IS UNEVALUATED INFORMATION 25X1 X
T-i:s ban on the importation of foreign nanfactured paper has been lifted.
St-x~rti n7 in August the Chinese Communists are concentrating on buying
-?,af r i':Mcrr. abroad, incladinrp all t,?pes of nerTs print and bond.,
i, = : x )cart of certain new Items has been prohibited. Hem, which formerly
co` ?z d b,, freely ex,iorted, is now under a strict bane
3h,:-:'.nn June and July major efforts were made to buy cotton yarn0 Large
ouir.tit:Lps of cotton cloth and cotton yarn have been shipped to North
C?--"+_r_a for re-shipment to :'anchuris and elsewhere in China.
-'n 1 June 1951 the Chino Common`st authorities instructed firms in
the oot?:on producing areas of China to sell whatever cotton they had in
:mock in order to meat demands of the various cotton-s?inning factories.
lim ver, from 1 June to 15 J.upust the purchases resulting fc?om Vnese
.;axe^ have not resulted in the accuisition of ray, cotton in the antic-
i.aated and estimnt. d --uantities. Statistics compiled * bar the Committee
os A 1nartcr, and T.conom3cs shore the folloti in,r purchases of raw cotton through-
out China; June, I.i22;01O ')ieuls; July, SPs6,?00 piculs; 1 to 25 August,
12r-, ' OCt niculs. These -)urcha.' es are about 1,200,000 less than the Coiir ittee
oa b inance and ?co-nom c, estimated would, he available. The Committee be-
Iivvss that, under nr(,r.ent conditions it is lossible to collect an addition-
?; > 230,M0 piculs by r urchas . Therefore China Sri'! l have a deficit of 1,0!)09000
S before the new rep of raw cotton comes onto the market.
Tr, order to adjust to the situation the committee of Iinance and Economics
Iaa ,rdered the cotton; sninnlnr? factories to reduce the number of spindles in
operation and to decrE.ase the number of working days0 ?rntil the new crop
of raw b:oi," on is avai:;.able9 each cotton spinning facotry shall work an aver
to Change 1, R L.
0 Declassified
Class. Changed To: TS S C
Auth.: h BUG
Date: U-_-_- .Appr-oved +or
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Approved For Release 2001/12/04: CIA-RDP82-00457R009000530009-2
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