China’s maxim of trusting in its own strength may well be the vital clue to an understanding of its foreign trade policy. In the fifties two-thirds of the Chinese foreign trade was conducted with Comecon states, above all the Soviet Union. After the break with the Kremlin Peking decided on a...

The fact that increasing importance is being attached to foreign trade under the new Chinese leadership must not be mistaken for automatic expansion of the importation of foreign goods. Foreign trade will, as before, have only a complementary function in the economic development of China. For...