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(Studio) Windfall for many American companies due to US-China (PR) relationship reported.
REPORTER: Max Robinson
(Shanghai, China, PR) Past and future role of Shanghai in China's trade noted. Boise-Cascade Company mentioned. China agreement to reimburse American firms for past losses due to Communist takeover stated; details given. Treasury Secretary Michael Blumenthal reported pleased with agreement; shown visiting factory. [BLUMENTHAL - comments.] Probability of new industry in Shanghai cited. Prospects for American companies noted.
REPORTER: Jim Laurie
- Laurie, Jim;
- Robinson, Max
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