Documents / FOIA release
The Central Intelligence Agency issued this Top Secret Central Intelligence Bulletin, a daily intelligence brief, on 8 April 1958. It reports that Communist China budgeted $185,000,000 for foreign aid in 1958 and describes reported Indonesian government plans to attack Padang and Bukittinggi in Central Sumatra. It also covers Israeli-UAR tensions over the Lake Hula drainage project and UAR reconnaissance flights, EOKA bombings on Cyprus, French nuclear testing plans and a Peruvian cabinet reshuffle. It contains no UFO material.
Read from the scan by GLM-OCR; expect the odd misread word.
## I. THE COMMUNIST BLOC Communist China's Foreign Aid Commitments Communist China has already concluded four agreements with free world countries since it initiated a long-term, low- interest loan program last December. The most recent of these, a $20,000,000 loan to Indonesia, calls for Chinese deliveries of rice and textiles worth $15,000,000, the proceeds of which are to be used by Indonesia to build a textile factory. With the remainder of the loan, Peiping will provide machinery for this new plant. During 1958, Burma will receive $4,200,000 worth of machinery for a textile factory, Ceylon is to get $10,500,000 for flood rehabilitation, and Yemen will obtain steel, heavy machinery, and technical assistance under a $16,300,000 interest-free loan. The Yemen loan is Peiping's second move to support the bloc's economic offensive in the Middle East; it follows a $5,000,000 foreign exchange gift to Egypt after the Suez crisis. China first began to extend aid to the free world in 1956, mostly in the form of outright grants. Cambodia and Nepal received gifts of $22,400,000 and $12,600,000 respectively, mainly in the form of Chinese goods which continue to be received. In 1958 China will deliver consumer goods to Ceylon under a $15,750,000 five-year grant to create local funds to assist in financing Ceylon's rubber replanting program. Under earlier aid to bloc countries, $325,000,000 was earmarked for North Korea in 1954 as a gift for rehabilitation and the same amount was promised North Vietnam, to be paid over a four-year period. Other bloc countries receiving significant gifts from China include Outer Mongolia, where Peiping is spending $40,000,000 for the construction of light industries, and Hungary, which received $50,000,000 in goods and foreign exchange after the uprisings in 1956.
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FOIA release, from the cia-readingroom collection. The PDF is mirrored here; the original link is above. The text was read from the page images by GLM-OCR; expect the odd misread word. 12 pages are in the text index: search them above, or from the library's search.