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Britain’s Trade With Mao Era China Boosts Scrap Iron Exports
An investigative column in London discusses Britain’s role as a major supplier to Red China, notably scrap iron and steel, and notes Britain’s cautious stance on selling advanced tech. It details how China funds purchases via food and cash crops, the foreign exchange impact of sterling, and the dynamic of British firms seeking to profit from China’s demand while withholding certain high tech items and aircraft. The piece cites officials from the Sino-British Trade Council and the Foreign Office.
MENTIONED IN THIS ARTICLE
China
Alcember
Pearl Hartor
Wadshut
Singapore
Businow
Britain
Albe
Parry
Department of Studies
Colgate University
London
Great Britain
Mao Tse-tung
Marshall
N.F. Webb
Sino-Brit
Forish Trade Council
Japan
Hong Kong
Ceylon
Mao
Council
Foreign Office
Downing Street
Far Eastern Department
Webb
Connell
Ed Ee
Ana