ECONOMIC POLICIES IN MANCHURIA

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R006100190005-3
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 1
• Document Creation Date: November 16, 2016
• Document Release Date: April 26, 2000
• Sequence Number: 5
• Publication Date: October 25, 1950
• Content Type: REPORT

CU~.?3S:~ e1L/ L?:T VLa U'S. `ii' .1 i..L., a : I 1_E.
Approved For RelflitiO0Y5,`ICR2-00457,R'h 25X1A
v?U91"R`1P China
C
NFOENTIAL
SUBJECT ^conori.c Policies in Uanchuris.
PLACE
ACQUIRE
DATE OF 25X1 A
INFO. 25X1 X
DAl'E. D S'C'R 25 00T 50
NO. OF PACES
NO. OF E 4CLS.
(LISTED BELOW)
SUPPLEMENT TO
REPORT N10.
l. Ccs unist authorities in Liar huria are doing their utmost to oncourarre and
aid all state-( ued enterprises such as the Anshan Iron 17ortks the Xai.. Lan
L iines,a the Ho Chong (!~ ;) Refinery, the Ta? ing'ho ah ;
Paor 'actory, and the for rar'plant 7 of the China ;:~pinning and UTea;.ng
Factory in Chin. isi on (121-07, U-07). Private industry,, hacrever, , is
having great difficulties because of increased wages and heavy taxes, the
raost op' r essive of which are a transport tax on co odities leaving or
entering ports,, production duty on connodW during their menufac ture,
a cc:_iiercial tai: of 5 to 200 Percent (or what, basis not stated), and an
income tax, increasing in proportion. to the wage scale of the fiam,,
2, Transfer of funds for all ty:)rs of business contracts is rigidly controlled
by the ?: orities, Each business fi;.?, official or privately-owned, must
have an account itlt the official. ' tngg,pei Bank or one of its branches,, and
a bank transfer issued by this institution is the only Means of payment for
any business excharge, Cash payments are strictly forbidden. If one party
to a deal does not have an account vi-ith the b":Mk, he must submit to the bank
an estimate of the a oun'd required in the deal,. and the bank will then. es t;abl.ish
an account for him and auto .ticaUlj- transmit the money to it.
25X1A
Communist radio rsgor?ts during the spring and sum er of '19!0
st, fed. tcl~at omma.unist Policies in this respect cress. officiary ad;jvsted to
give more f2~eedcm to private industry and comr puce,> The licy? as =_~ pl.-i d
to Manchuria a pears i` om this re-port to be, rjore official than actual.,
CONFIDENTIAL
MST RI13uT:ON_ Cc Ttr ?.!E rfln rf,
t: i T4(:~T+r'~' t :T T?^TT~'T.ti' ~ C".("m'!' /tTV' T7 f~T. {? l` C?'7 ". !" ~'t'';~
Thls document Is hereby "raded to
CONFIDENTIAL In accordance With the
totter of 16 October 1978 from the
Director of Central Intelligence to the
Archivist of the United states.
~i~`"F k se 20
ARMY AER
T7 _!7 n7,7.