The Archive · 1938

London Negotiations London, Dee. 16

Reuter understands that the nego-lations for extending British credits China are progressing in a most favourable manner, and it is hoped that they will be satisfactorily con~ cluded by the time that the new Ex-ort Credits Extention Bill, which is now being rushed through Parliament, becomes law.

The amount of the proposed credits to China cannot be specified, but it understood that they are to be chiefly devoted to the purchase of railway material, Continued Japanese press agitation over the passage of commodities through China's various "back doors" is regarded calmly here.

Diplomatic cixeles point out that there is officially no war between' China and Japan, The Japanese, it 'S stated, invariably talk of the "China

Text read from the printed page and cleaned; old type leaves the occasional error.

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