60. Major Lloydasked the Chancellor of the Exchequer what new regulations regarding the transmission of money to China will be imposed consequent upon the disruption of the Nationalist Government.
§ Mr. JayAs the transmission of money to China already requires permission of the Treasury I do not consider that the imposition of any new regulations is necessary.
Major LloydIs the hon. Gentleman aware that people connected with the Aid to China Movement, including Lady Cripps, are deeply concerned about this matter? Will he see to it that their anxieties are removed, because they do not wish—and many others do not wish—the money subscribed to be given to the Communists instead of to the Aid to China Movement?
§ Mr. JayChina is outside the sterling area, and, therefore, the exchange control applies, and the position is exactly the same as it is in any other country outside the sterling area.
§ Mr. JayThat general issue was discussed by the House a month or two ago. It does not arise particularly in regard to China.