CHRISTIANITY IN RED CHINA.

The article presents information that after the liberation in China, all Chinese industries were told to carry on as usual under the old management. Capitalists who had fled to Hongkong were encouraged to return. Suddenly a change of policy was announced. The capitalists have been given a breathing space. The reason for this may be twofold. First, the communists probably realize that their earlier policy was too severe and that trade was being strangled. The second reason may be psychological: that it is good policy to give capitalists a crack of the whip and then ease up so that they may feel thankful for small mercies.