HC Deb 09 July 1941 vol 373 cc191-2W
Sir J. Wardlaw-Milne

asked the Chancellor of the Exchequer what is the constitution of the Chinese Currency Stabilisation Board; whether both British and Americans are serving on it; and whether the funds advanced respectively by the British and American Governments have been pooled so as to cover exchange transactions between China and either Great Britain or the United States of America?

Captain Crookshank

The Stabilisation Board of China is to consist of five members, three of whom will be of Chinese nationality, one of American and one of British. The board has not yet been formally constituted. The sterling and dollar funds will not be pooled but will be separate funds though managed by the same board.

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