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Start Over
Road to Disillusion.
- Source :
- TIME Magazine; 2/8/1954, Vol. 63 Issue 6, p34-34, 1/6p
- Publication Year :
- 1954
-
Abstract
- The article deals with the decision of British firm Jardine, Matheson & Co. to end trading with China. Following the Communists' victory in mainland China, several British firms such as Butterfield & Swire and Hong Kong & Shanghai Banking Corp. had the misguided notion that they could do profitable business with Communist leader Mao Tse-tung. The foreign firms faced big taxes, confiscations and bans against layoffs.
- Subjects :
- MARKET exit
FOREIGN business enterprises
COMMUNISM
Subjects
Details
- Language :
- English
- ISSN :
- 0040781X
- Volume :
- 63
- Issue :
- 6
- Database :
- Complementary Index
- Journal :
- TIME Magazine
- Publication Type :
- Periodical
- Accession number :
- 54175346