Before Red China entered the Korean war, Chinese in the U.S. sent as much as $50 million a year to families across the water and, even since, great sums have been voluntarily sent to China through Hong Kong. Last winter, it began to be apparent that these gifts of dollars were becoming a curse rather than a blessing; Red China, hungry for foreign exchange, was putting the squeeze on those who received them.
In San Francisco, Boston, Wichita and dozens of other U.S. cities, Chinese began getting letters from relatives pleading for more money. Mothers, grandfathers or sons wrote that...
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