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The article focuses on the outlook for U.S. foreign policy. U.S. position for a Pacific Union is explained in relation to priority given to Europe. Decisions subsequent to the release of the China White Paper are presented together with suggestions from Great Britain for order in Southeast Asia. Plans of the International Monetary Fund to restore drawing rights to Marshall Plan countries are examined as well as the signs of solid prosperity in France. The effect of the Commonwealth agreement on trade between India and Great Britain are also evaluated.

This section offers news briefs on business and politics in countries other than the U.S. as of March 1938. The Japanese government announced that China is establishing an autonomous state in Central China with Nanking as capital. The signing of a new trade pact between Great Britain and Italy signals the possibility of a more significant agreement between the two countries. Great Britain bought Soviet goods worth 113 million U.S. dollars and sold goods worth 40 million U.S. dollars to Russia in 1937.

The article discusses the concerns of the U.S. in relation to free world trade with Red China as of May 1953. U.S. Senator Joseph R. McCarthy charged the British with the transportation of Communist troops along the China coast, increase in Western exports to Communist China, and 162 free-world ships engaged in trade with China. The British contend that trade has been on nonstrategic items and that a trade embargo would endanger Hong Kong. Many Americans insist that any trade strengthens their economy.

Comments on the interest which the British are taking in Free China's political institutions, economy and military potential. Visit of an officer of British Friends of Free China Association to China; Response of the Chinese government to the arrival of British group headed by retired diplomat Alwyne Ogden; Significance of the interest in Free China.

The article reports on the growing interest by British business in the bright industrial prospects in China after the Chinese Ministry of Industries unveiled a 10-year industrial development plan.

This section offers international news briefs on the business sector. In Great Britain, Prime Minister Harold Wilson is anticipated to hold the spring election in the hope to increase Labor's majority in the House of Commons. President Fidel Castro of Cuba has supported Russia in its dispute with Red China by accusing the Chinese of blackmail, treason and economic aggression. Western Europe has change its diplomatic style to agree to disagree approach as manifested in the Luxembourg accord that ended the deadlock of the Common Market.

The article reports on the efforts of British shipbuilders to engage business with China.