ECONOMIC CONDITIONS IN COMMUNIST CHINA

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R008800060004-9
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 3
• Document Creation Date: December 22, 2016
• Document Release Date: April 22, 2011
• Sequence Number: 4
• Publication Date: September 26, 1951
• Content Type: REPORT

Sanitized Copy Approved for Release 2011/04/22 : CIA-RDP82-00457R008800060004-9 50X1-HUM
INTELLOFAX 28
COUNTRY China
CLASSIFICATIOI'P0NFIU)NTIAL/CONTROL - U. S. OFFICIALS ONLY
INFORMATION REPORT CD NO.
CENTRAL INTELLIGENCE AGENCY REPORT
SUBJECT Economic Conditions in Communist China
ENO.
PLACE
ACQUIRE
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INFO.
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50X1 -HUM
the Chinese Communist authorities were purchasing rice throughout
Kwangsi. Local governments were ordered to assist in the buying of rice at
prices running from JMP 5,9 (00 to JMP 10? 000 per ton above the current mar-
ket price.
meeting
River Special. Commissioner's Office at X11 .hch'i 11,3-22, 22-30, co bring the
summer taxation work to an end. Tax collecting personnel were notified of the
A taxation collection conference was seduled,
70,220 tons of rice and flour were shipped
by~y~water from Nanking and Shanghai to Dairen, Yingktou (122 13, ~a0--LL0), and
Mukden0
Chekiang the black market exchange rate in this aa.'a as
Jh 11,
17,000 to one silver do tar.
~the of JMP was steadily decreasing in Chishan ( .
tai s s,
with 1,000 silver dollars in each case
CLASSIFICATION CONFIDENTIAL/CONTROL -
~r, rt x taw ~; -~tst~a wl___ _ Clts RIBU1ION
Asn&9Y ..... AfR F?M
SEE REVERSE; FOR DECLASSIFICATION ACTION
DATE DISTR. 26 Sept, 1951
NO, OF PAGES 2
Y NO. OF ENCLS.
(LISTED BELOW)
SUPPLEMENT TO
REPORT NO.
*Except as noted
THIS IS UNEVALUATED INFORMATION
AIL. .'$,W,,0FF1CIALS, ONLY
Sanitized Copy Approved for Release 2011/04/22 : CIA-RDP82-00457R008800060004-9
 Sanitized Copy Approved for Release 2011/04/22 : CIA-RDP82-00457R008800060004-9
Sanitized Copy Approved for Release 2011/04/22 : CIA-RDP82-00457R008800060004-9
 Sanitized Copy Approved for Release 2011/04/22 : CIA-RDP82-00457R008800060004-9
COW TMEMFPTfi /CQN.tRoLLY 7IT S OFflCI?tL OGa T..
CENTRAL iNT_.MX(Y' NCE AG1 NCY
50X1-HUM
to purchase mil.itary supplies for the Chinese Communist armed forces.
the }Iuiyang (17.4_262 23`05) goverraanant was ordered to cc-
plate within. two months construction -work on the f'Oinghai (l11-538 22.37) .
Jenshm 22-~h9) highway,, which is to connect with the Canton>Swatow
hi.ghw rm The Huiyrng government has recruited approximately 200 l borers
for the project, and the Kwangtung government has appointed 31 angineers)3
repair and construction work had been completed on the
following roads in Chekiang&
The L'Ishui (119-54,$ 28-28) - Loch?ing (120-511,, 28-08) highway, which passes
through Ch k ingt l ien (12a47, 28-09) and. anchoit,
The Lochling Hangchou highw y,, which passes through Linhai (121-07,
28-53) Z'vient?al (121-02,, 29-10). Ch?eng ien (1204-48, 29-36),,, Shaohsing
(120-3 , 30-00),o a and Hsiaoshan (120-17,w 30-10).
2. Ccmmentb This is sufficient rice and flour: for one month's ration 50
. oa* 2~ ~ .?` loo rs~
Comment, More in keeping with Chinese road-building techniques
-would labor force of at toast two thous a.dn bea
Sanitized Copy Approved for Release 2011/04/22 : CIA-RDP82-00457R008800060004-9
The 3 .ver? was to e~ converted into foreign currency