Correspondence Relating to the Establishment of An International Financial Consortium for China Business

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On the other hand, it is stated in paragraph (c) of resolution No. 2 that the groups will make every effort to obtain that "third parties" shall pool the contracts or options they may possess, from which it appears that the consortium itself admits the existence and carrying out of industrial contracts other than those possessed by its members.
You are moreover aware that in France, as well as in England, the gi'oups whilst admitting new mem- bers have, for various reasons, left out certain est
...ablishments having important interests in China. On the other hand new enterprises may be created at any moment which, whilst desirous of exercising their activity in China, may not be disposed to enter the consortium or which the consortium may not be ■desirous of admitting. There is nothing in French legi.slation permitting the limitation of the individual acti\dty of private persons or of financial or industrial corporations, nothing enabling its field of action to be restricted, either in China or in any other part of the world.

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