By Chad Mitcham
During the interval 1949 to 1979, communist China was once formally pursuing a coverage of self-sufficiency, and the U.S. and its allies have been formally enforcing a exchange embargo opposed to communist China. even if, this e-book, in keeping with wide unique study, demonstrates that China used to be hugely depending on Western/Japanese grain imports. The textual content indicates that teams lobbying on behalf of Western/Japanese grain manufacturers and comparable industries had effectively discovered methods of by-passing the embargo. This booklet charts the advanced photograph of ways financial family among China, the West and Japan constructed in those years.
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Extra info for China's Economic Relations with the West and Japan, 1949-1979
41 At the Bandung Conference on 23 April, Zhou Enlai accompanied by Minister of Trade Ye Jizhuang42 told Asian and African leaders that Beijing wanted good relations with Washington and would participate in Sino-American talks aimed at reducing tensions in Asia. 43 Lei Renmin, Nan Hanzhen and Lu Xuzhang’s trade delegation was in Japan at that time and on 4 May, the third Sino-Japanese trade agreement was concluded under which Beijing was to import mainly Japanese fertilizer, steel and machinery in exchange for Chinese agricultural products and minerals.
B]efore . . return[ing] to Shanghai . . [we] thought [a CNIEC official] mentioned . . [Zhou Enlai’s] personal approval of our trip to encourage my husband to obtain from Shell in London all the things the corporation wanted to buy . . [W]e went to London . . [and the Hague in 1956–7 for] discussions with . . [Shell’s] directors about trade prospects in China . . [which] looked promising and British experts were invited . . to China. But soon after . . [returning] the Anti-Rightist Movement was launched .
Also around March, the PRC government made several more appointments which could facilitate Chinese purchases of Western grain and trade with nonCommunist countries. Shanxi native, Liu Xiwen was appointed deputy director of MOFT’s third bureau, Rong Yiren was elected member of the People’s Council of Shanghai and Xiao Fangzhou was appointed CCPIT secretary general. Lu Xuzhang was also elected member of the Committee of Democratic National Construction Association – whose 150 members had been mostly business and industrial leaders who had helped engineer economic expansion in the 1920s and 1930s.