The Acting Secretary of State to the Ambassador in China (Stuart)

1174. AIOC activities China market Dept satisfied no favored nor discriminatory provisions incorporated CPC crude contract (Deptel 948 Oct 29, Embtels 2010 Dec 1 [November 30] and 2056 Dec 7). No further action considered necessary.

Concerning SNDC 1944 resolution if Emb satisfied Wong’s confirmation (Embtel 2036 Dec 5) equality treatment Govt vs private enterprise carries force Chinese Govt no further action necessary. Dept feels assurance this point fundamental.

Emb requested continue interest separation regulatory functions from CPC and to report developments.

No info here AIOC sale China Merchants (Embtel 2010) but investigating and will report.