Peiping, Jan. 4.
Although until recently local Chinese circles were of the opinion that the formation of a new Central Government was very unlikely in the near future, this opinion has now changed. Many local Chinese forecast the formation of a Central Gov-Grnment early in the spring.
They consider Mr. Wang Ching-wei is still the most likely candidate as the central figure of the new government, despite strong opposition to him from the Japanese army in North China.
A significant change has taken place in the attitude of local Chinese circles towards Mr. Wang Ching-wei Formerly many of them thought he wi unfaithful to China's cause.—Now they are inclined to regard him as a dreamer, whose aim it is to see a "free China" established, but who has chosen the wrong method for the realization of his ideal Chiang the Only Man The only man who can unify Chin: and the only man who can negotiate peace, local Chinese firmly declare, is General Chiang Kai-shek. Mr. Wang Ching-wei would have scant backing indeed from loyal Chinese if he were to set himself as the head of a new regime, og under Japanese auspice: ing at the conclusion of the Chinese peo; sufferings as a result of the proc hostilities, and a "better deal" for Chinese people generall; Meanwhile, local Chin state the figure most likely to take the position mapped out for Marshal Wu Pei-fu by the Japanese is General Chin Vu-peng, former Premier of China.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.