The newspapers generally give prominence to Great Britain's decision to extend credits to China, Reuter understands that the preliminary amount of these credits has been definitely fixed at £500,- 000 sterling, to be available mediately, without waiting for the Passage of the new Export Credits Bill, which cannot be drawn before February, This, however, is in nowise oxpected to be the limit of the credits to be placed at China's disposal by Great Britain, There is no question, at present, of a loan to support China's curs ency, as reported in some papers, Reuter declares, For the moment, China's favourable trade balance appears sufficient 'Support for. her currency, Stik stated, but, if the necessity' arises, and a slump in the Chinese dollar threatens, the possibility of China being granted straight Ananeial help certainly on the cards, Reuter understands.
China's determination to develop her untapped resources in the West and South West convert these r0- gions into a flourishing state, 25 evidenced by the recent opening of branches of the Bank of China Hanoi, Haiphong, Rangoon and Batavia, it is further understood.
Text read from the printed page and cleaned; old type leaves the occasional error.