FIGHT FOR A FUNDAMENTAL TURN FOR THE BETTER IN THE NATION'S FINANCIAL AND ECONOMIC SITUATION: June 6, 1950

Abstract

This chapter highlights the need for fight for a fundamental turn for the better in the nation's financial and economic situation. The present international situation is favorable to China. The world front of peace and democracy headed by the Soviet Union is stronger than it was last year. The people's movement for peace and against war has made headway in all countries. The national liberation movements to throw off the yoke of imperialism have greatly expanded, and the emerging mass movements of the Japanese and the German people against the U.S. occupation and the growing people's liberation struggles of the oppressed nations in the East are especially noteworthy. At the same time, contradictions have developed between the imperialist countries, primarily between the United States and Britain. Quarrels among the different groups of the U.S. bourgeoisie and of the British bourgeoisie have also increased. The Central People's Government of the People's Republic of China and local people's governments at all levels have been set up.