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CHINESE WANT INTEREST IN FOREIGN CONCERNS

4th October 1946, Page 27
4th October 1946
Page 27
Page 27, 4th October 1946 — CHINESE WANT INTEREST IN FOREIGN CONCERNS
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Which of the following most accurately describes the problem?

IN recent months, a number of success" fat European concerns in China has reported increasing difficulties in dealings with Chinese Government Departments. This, it has been suggested, is part of that country's policy of peacefully persuading prosperous foreign concerns to take Chinese business men into partnership, for where similar negotiations have been left to native business executives, immediate results have been noted.

Many British organizations believe that the time is coming when they will not be tolerated at all unless they accede to this tacit demand to admit Chinese capital into their businesses. The Chinese, on their side, are shrewd enough to realize that there are many advantages to be gained by retaining European management for the companies they finance, so vast existing executives and their staffs remain in charge.

The latest European concern to bow to the inevitable is the Auto Palace Co.. Ltd., of Shanghai. This concern of Auslin distributors, which has been established in China for many years, has combined with the Yangtsze Development Corporation, one of the most powerful business houses in China, with branches in Tientsin, Nanking, Hankow and Foochow.

As a result of this amalgamaticn, the Austin Motor Co., Ltd., has now obtained, for the first time, representation both for sales and service in the interior of China.

ROAD EXPERTS STUDY SWEDISH DESIGN

APARTY of highway experts, headed by Lord Sandhurst, 0.B.E., vice-chairman of the House of Lords Roads Group and chairman of the British Road Federation, is visiting Stockholm at the invitation of the Swedish Government. Swedish methods of road des* and construction, with particular reference to the accident problem, are being studied. The B.R.F. will subsequentli publish a full report of the investigation.

A series of consultations has been held with Swedish Government officials who returned to Sweden after investigating conditions ir Britain.

It is hoped that this visit is the beginning of a regular exchange of information between the Federation and similar bodies in other countries.

16,000 VEHICLES FOR SALE

A FURTHER 16,000 motor vehicles are to be sold by the Ministry of Supply at three auction sales to be held shortly.

Beginning on October 15, at Honeybourne, Gloucester, and continuing for eight weeks, is a sale of 14,000 American vehicles. These include 10,000 lorries, trailers, and Tank transporters. Catalogues may be obtained from the auctioneer, John A. Bloss and Co., Bourtonon-the-Water, Glos.

A thousand vehicles will be sold at Mount Farm, Dorchester, near Oxford, from October 1-4. Types include mobile workshops, trucks, tractors, trailers, mechanical horses, and coaches. The auctioneers are Messrs. Simmons and Sons, 12, Station Road, Reading.

A sale of 1,000 vehicles (tarries, tractors, transporters, coaches, etc.) will be held from November 11-15 at Winterslow, near Salisbury. The auctioneers are Messrs. Woolley and Wallis, The Castle Auction Mart, Salisbury.


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