CENTRAL INTELLIGENCE BULLETIN

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79T00975A001100390001-6
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 5
• Document Creation Date: December 21, 2016
• Sequence Number: 1
• Content Type: REPORT

Approved For Release 2008/07/17: CIA-RDP79T00975AO011003900016
TOP SECRET'
25X1
13 May 1953
Copy Noo
CURRENT INTELLIGENCE BULLETIN
DOCUMENT 110,
NO CHANGE iN CLASTS
Office of Current Intelligence
CENTRAL INTELLIGENCE AGENCY
State Dept. review completed
TOP SECRET
Approved For Release 2008/07/17: CIA-RDP79T00975AO01100390001-6
 Approved For Release 2008/07/17: CIA-RDP79T00975A001100390001-6
SUMMARY
FAR EAST
3. Comment on announced 1953 industrial plan for China (page 4).
WESTERN. EUROPE
5. French effect budget saving through piaster devaluation (page 5).
Approved For Release 2008/07/17: CIA-RDP79T00975A001100390001-6
 Approved For Release 2008/07/17: CIA-RDP79T00975AO01100390001-6
Approved For Release 2008/07/17: CIA-RDP79T00975AO01100390001-6
 Approved For Release 2008/07/17: CIA-RDP79T00975AO01100390001-6
FAR EAST
3. Comment on announced 1953 industrial plan for China-.
Figures released by Peiping on 7 May
regarding planned industrial production for 1953 are generally
lower than the preliminary figures given in a 4 February speech
by Chou En-lai,
The most important cut was in the electric
power target, now seven percent less than the figure reported in Febru-
ary. Iron and steel goals are slightly lower. Copper, lead, cotton
cloth and timber output targets were reduced as much as 10 percent.
Cement is the only important industrial commodity which is to be pro-
duced in larger quantities than originally planned.
Despite the reductions of some targets, the
final 1953 plan is still ambitious, as it calls for a 23-percent increase
in over-all industrial production over 1952.
Approved For Release 2008/07/17: CIA-RDP79T00975AO01100390001-6
 Approved For Release 2008/07/17: CIA-RDP79T00975AO01100390001-6
25X1
WESTERN EUROPE
French effect budget saving through piaster devaluation:
The Paris devaluation of the Indochinese
piaster from 17 francs to 10 francs on 10
May will effect savings of about $170,000,000
in the French budget, according to estimates
by American and French officials in Saigon.
Comment. Such a saving would represent
about 7.5 percent of the current French budgetary deficit. This step,
whose effects will probably be only temporary, will help ease the cur-
rent financial crisis in France and may facilitate Premier Mayer's
efforts to obtain parliamentary acquiescence to the economies and tax
increases still necessary.
Approved For Release 2008/07/17: CIA-RDP79T00975AO01100390001-6