2.
PRO/1011/3.
2. HONG KONG.
As in recent weeks there was very little notable comment on local affairs. The Chung Ying Evening News of July 3 reported that Hong Kong was the centre for dealings in wolfram smuggled out of south-western China (there is an embargo of some years standing on the export of this ore from China). America and Russia were said to be the chief buyers.
3. WORLD AFFAIRS.
The failure of the Paris talks on the Marshall plan was freely, and, as it proved in the course of the week, correctly predicted. The Marshall plan was attacked by the pro-Communist Hwa Shiang Pao as an attempt to divide and enslave Europe, whereas the peoples of Europe wanted to co- operate under UNO.
Fear of a revival of Japan under American auspices was expressed by the Wah Kiu Yat Po of July 3, and the National Times of July 4 asked for a stricter control over Japan's weaving industry, which threatened to com- pete seriously with that of China, Britain, India and Australia.
JHBL/APC
J.H.B. Lee,
P.R.O.
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