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...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!