DEFAULT BY CHINA
ACUTE ANXIETY CAUSED SHANGHAI. 16th January. The British Embassy has received an official Note regarding the Chinese Government’s decision in reference to the servicing of foreign loans. There i* acute anxiety, not only as regards payments to foreign bond-holders, but also regarding the future of China’s currency and credit. The monthly remittance of £125.000, which is due in London on 17th January, towards the half-yearly payment of the Reorganisation Loan of 1913. will not be forwarded. A remittance of £75.000 for the Anglo-German loan of 1898 will be due on Ist March, and an amount of £1,000.000 for the Reorgan- ' isation Loan will fall due on Ist July.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM19390118.2.81.4
Bibliographic details
Nelson Evening Mail, Volume LXXII, 18 January 1939, Page 7
Word Count
111DEFAULT BY CHINA Nelson Evening Mail, Volume LXXII, 18 January 1939, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Nelson Evening Mail. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in