China is still too busy pitting flesh & blood against a mechanized enemy to set off any fanfares about her postwar business plans. But China is looking to the future. From Washington this week came news of one blueprint already completed: a full-blown, carefully planned program for a five-year plan of industrialization.

The program was drawn in the U.S. But it has already been examined and approved by 300 of her technicians and by Economic Minister Wong Wen-hao. It has also been O.K.'d by Generalissimo Chiang Kaishek.

China's plan was born late in 1943,...

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