The French Government, joining Britain and the United States in extending economic assistance to China, is guaranteeing payment in substantial amounts of Chinese purchases from France and is guaranteeing credits which French manufacturers have extended to China, it was revealed today.
Although France refrains from announcing an official policy of granting credits to China, French Government assistance to China through credit guarantees will be substantial, informed quarters reported.
French authorities, acting as agents of French capital, are now negotiate ing with British interests for finance ing the construction of the proposed Italian Missionary Murdered Peiping, Mar. 8.
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