中國北京飯店

PEKING HOTEL CHINA

considuationi

by

the Ministries conceived.

He made it clear that he expected the

iniative to come

from us,

and that or

or

proposals would receive careful consideration. This is bome out by their recent long-term contract with the Japanese.

In their desire for rapid modernization

the clhmere now appear to be

interested in

an

more

exchange of products,

services and expertive, rather than direst pershares involving expenditure

of freign exchange

I estimate that the value of

очи

proposed

deal is, at present prices, in the order of

i

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