CHINESE COMMUNIST ECONOMIC ACTIVITIES, HONG KONG AND MACAO

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R008800530016-4
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: December 15, 2016
• Document Release Date: December 23, 2003
• Sequence Number: 16
• Publication Date: October 4, 1951
• Content Type: REPORT

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CLASSJFICATIC N ;3FIDaZ' TIAL
CENTRAL INTELLIGENCE AGENCY
NOT
INFORMATION RE.
No.
COUNTRY CLiia/song i(ong Japan
S BJECT
Hong Kong anda goo
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PLACE
1 ACQUIRED
DATE OF
INFO.
Chinese Communist Economic Activities,
REPORT
DATE DISTR. 4 Oct, 1951
NO. OF PAGES 2
NO. or ENCLS.
(LISTED BELOW)
NOT CIRCULATE SUPPLEMENT TO
REPORT NO.
THIS IS UNEVALUATED INFORMATION
1. In September 1951 the .forth China Eurasia Company of Tientsin had a branch
office at 148 Lies Voeux road Ceatral, hong aoag, on the fifth floor0 The
Aorth China Eurasia Company has been doing; a good business shipping salt and
soybeans to iiong Aoaag area procuring n diciaes and metals for Tientsin. Its
Hong riong office was established on the jondition that it would work skier
Chinese Coaruunist supervision, and would unaertake intelligence work in Japan.
Ti.e company was pl.axniing to open an office in Japan,
2. in late August 19451 the Chinese Communist military Affairs Coimaission (sic)
established a Ccssmunicationsl station in .Gong nong o coordinate the purohasinL,
of aviation supplies. `!'ice station its on k'a Yuan Street,, : ongkok, r owloon, and
is headed by CHii.~lG Sanakeaang ( ., r: ), who is also responsible for all
buying of aviation supplies from foreign firms in fiong ttong. These purchases
are made in secret, directly from the foreign firms.
3. As a measure to oouuter the embargo on strategic materials and American control
of the markets in Southeast Asia, the Chinese Communists in August established
a Rice-Tin-Rubber Committee in bong tong to obtain these strategic materials
and smuggle them- into China.
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In August the Chinese Communist--control Jed Hsu Fu ( ) Company3 was engaged
in smuggling tires and gasoline to Communist mina with the help of personnel
of the hon; ong Folios wepartznent. The goods were taken to Lo Yu4 under
police proteot3AO 19 and the police at the border received a share of the profits.
The ferry' of he- shipments across the river was Gone under the cover of
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Approved For Release 2004/04/15: CIA-RDF@:V0(*57R0
 Approved For Release 2004/04/15 CIA=`1 '82-00457R0088tO530016.-4
COIXIDF.1TIAL,1
CENTRAL INTELTICE4CE AC.gC
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of darkness. Smuggling was being carried on over this route at the rate
of 2,000 gallons of gasolin`a and 50 sets of tires each day.
5. As a result of the United Nations embargo there is a shortage of inaustrial
raw materials on the Chinese mainland. In early aeptember the Chinese
Communist central authorities ordered the r`inanoe and Eoonomics Committee
in keiping to enocarage businessmen to go to hong Kong and Macao to buy the
required raw materials and smuggle them into Communist China. At the same
time the central authorities ordered public security agencies in Communist
China to facilitate the granting of visas to businessmen and to permit such 25X1
persons to purchase foreign exohao-,e in Mina at the official rate of exchange.
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