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Garden City Telegram in Garden City, Kansas

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Newspaper

Garden City Telegram

Location

Garden City, Kansas, United States of America

Date

Jan 03, 1973

Page

7

Wall Street optimism grows as factors point to gains

AP reports January starts with optimism among observers as the U.S. economy shows expansion and profits may rise 12 to 18 percent. Foreign investors seek safety in American assets, Europe battles inflation, and pension funds and banks bolster stock prices while mutual funds face continued redemptions.

John Cunniff Business Andynt New York Wall Street U.S America

Red China to Continue Outside Contacts in 1973

AP reports that China intends to persist its liberal foreign policy line in 1973, maintaining contacts with the United States and other non communist powers despite ongoing Vietnam war. The New Year message from People’s Daily Liberation Army Daily and Red Flag condemns power politics, praises Ping Pong diplomacy, and singles out Liu Shao-chi and Lin Piao as traitors while signaling no shift in Sino American relations.

Tokyo China United States Peking People’s Daily Liberation Army Red Flag Mao Tsetung U.S

Rebels warned of Soviet backed line and readiness for conflict

Contacts described as revolutionaries and "bad elements" with rightists planned to join Russians to oppose China and Communism. In 1973 the priority was criticizing and unmasking this Soviet inspired line. Emphasis was on readiness for conflict, with no mention of renewed Chinese Soviet border tensions.

China

Also Mentioned on This Page

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