The Archive · 1941

Importance of Burma Road Stressed

Rangoon, Jan, 27.

"China regards the Burma Road as one of her life tines and looks on the reopening of the road as another gesture of Sino-British friendship," said Gen, Wu -'Te-chen, Minister of Overseas Affairs, in an interview here yesterday.

wish to point out that keeping. the road open will help bring vie+ tory for China and peace and stabllity for the Far East," Because Burma ahd China are next door neighbours the security and peace of Burma are important to China while China's de-Velopment means a great dear to Burma."

General Wu, added that_a "strong econonile base" had been successfully. established in she north-west and south-west provinces to develop natural resources of that rich region.

It is recalled that the official "Central Daily News" recently announced that the Government was planning to establish a new powerful price stabilization price. The present Price Stabilization Bureau of the Ministry of Economic Affairs is regarded as not possessing wide enough powers, and also as lacking in executive functions, Tt i expected that the new Price Stabilization Bureau when established wall be able effectively to deal with rice stabilization problems.

Following the execution of Mr, Yang Chuan-yn, former Mayor of Chengtu, and the arrest of a number of hoarders for market manipulations, commodity prices during the past fortnight have been more or less stationary Reuter, He hoped the Yunnan-Burma Railway would soon be completed: in order to help develop potential trade between China and Burma—Reuter.

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

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