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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Feb 19, 1972

Page

8

Nixon eases commerce limits with China lifts locomotive rules

In New York AP reports liberalized regulations on trade with Communist China signaling a warmer stance. President Nixon eased commerce restrictions placing China on a trade status equal to the Soviet Union, lifting limits on locomotives and construction equipment.

New York China Nixon People's Republic of China Soviet Union

Trade rules loosened for American firms feeding China

The Federal Reserve reports January industrial output at 107.9 percent, up 0.3 percent. The President broadened overseas affiliate authority, allowing sales of strategic goods to China with host country approval rather than U.S. Treasury permission. Prior liberalizations targeted China trade.

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