Tokyo, Nov. 2.
The two semi-officially companies in China, namely, the North China Development Company and the South China Economic Rehabilitation Company, will be formally established on November 7 with an inaugural meeting which is being held in Tokyo on that day.
The members of both Boards of Directors have already been selected from various fields, including Mr. Teiji Okubo, former Director of the Banking Affairs Bureau of the Finance Ministry, and Mr. Katsujiro Mikumo, Managing Director of the Kobe Marine Insurance Company.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.