The Ambassador in China (Gauss) to the Secretary of State
[Received April 20.]
Subject: Proposed Regulations Governing the Post-War Investment of Foreign Capital in China.
Sir: I have the honor to refer to the Department’s telegram 378, March 23, 1944,16 in regard to tentative regulations reportedly under consideration by the Chinese Government to “govern the encouragement of foreign capital”, and to the Embassy’s telegrams nos. 551 and 552, March 29, 194417 in reply thereto, and to transmit herewith a memorandum prepared by an officer of the Embassy regarding the document under reference, including a translation and interpretation17 of the document. The substance of the memorandum was given in the Embassy’s telegram no. 551, March 29, 1944.
As the document was obtained in confidence and is understood to be secret, the Embassy hesitated to make an official request for a copy. Upon receipt of the Department’s telegram, however, an informal note was addressed to the Foreign Minister requesting the desired copy. It is doubtful whether it will be forthcoming; but the despatch of the note will at least have the effect of drawing the matter to the attention of the Foreign Minister and let him know that there is attentive foreign interest in the plans of the Party and Government regarding post-war investment of foreign capital in China.
The translation of the document obtained from the Embassy’s confidential source is crude and some of the points undoubtedly require clarification. If the Chinese text can be obtained, officially or unofficially, a more careful translation will be made at the Embassy and transmitted to the Department.