CHINA: Now that the Kettle Is Ours

The cold, muddy waters of Shanghai's Soochow Creek teemed with thousands of Chinese junks and smaller sampans. Terrified refugees were preparing once more to flee before the surging tide of Communism. Nevertheless, the great majority of Chinese were becoming more reconciled to the prospects of Communist rule. The cagey Reds had switched to a "soft" line.

Taking a tip from Lenin's 1921 Russian shift to the New Economic Policy, Communist Boss Mao Tse-tung was striving to ease the strain of revolution by talking of moderation. He hoped to allay the fears of capitalists and technicians, both Chinese and foreigners. New...

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