HC Deb 06 May 1957 vol 569 cc40-1W
60. Mr. Teeling

asked the Secretary of State for Foreign Affairs whether, in discussions with Communist China over trade, in view of the amount of sterling now held by them, he will take into account the amount of interest owing to British shareholders of Chinese bonds, and the fact that the Formosa Government is now paying to United States holders of the same bonds a regular interest payment, since the United States of America recognises the Nationalist Government as responsible for Chinese debts; and why he does not insist on the Chinese Government, which Her Majesty's Government recognise, doing the same.

Mr. Ian Harvey:

No official discussions are being held with the Chinese Government over trade. I have no knowledge of any payments being made on sterling bonds by the Nationalist authorities.