FINANCIAL AID TO CHINA

Nelson Evening Mail, Volume LXXIII, 11 December 1940, Page 6

FINANCIAL AID TO CHINA

FURTHER BRITISH STEP lßritish Official Wirelessj (Received 11th December, 11.15 a.m.) ! RUGBY, 10th December. Mr R. A Butler. Foreign Under-Sec-retary, announced in the House of Commons further financial aid to China. Mr Butler said : “Provided suitable arrangements can be made to en ure that the sterling held in China is available for use only in the sterling area Britain is prepared in principle to make an advance of £5.000.000 to the Chinese Stabilisation Fund and. with the concurrence of the Dominion Governments concerned, to grant credits which will be available for the purchase in any part of the sterling area of a maximum of a further £5.000,000." JAPANESE LINES CRUMBLE IN HAN RIVER REGION [U.P.A -By Electric Telegraph—Copyright] (Received 11th December, 10.50 a.m.) CHUNGKING. 10th December. As the result of a Chinese counteroffensive in the Han river region, where Japanese forces have been making determined attacks for the last three weeks, the Japanese lines have crumbled and all their troops driven back to their original positions after suffering 20.000 casualties.