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...Peng. By sternly refusing recognition to Red China, he has kept Malaya free of Mao Tse-tung's swarming diplomatic and cultural missions. Last week the Prime Minister slammed shut the last window that permitted Red infiltration: the Communist Bank of China in his capital city of Kuala Lumpur...

Author: /time Magazine | Title: MALAYA: Bank Closing | 12/15/1958 | See Source »

...Malayan market at below-cost prices. Last week he rammed through the Legislative Council a bill decreeing that any bank operating in Malaya that is owned by a foreign government or on behalf of that government or any of its agencies, must cease operation within three months. Of Kuala Lumpur's 15 banks-British as well as Malayan-the only one to answer to all the specifications is the Communist Bank of China...

Author: /time Magazine | Title: MALAYA: Bank Closing | 12/15/1958 | See Source »

What was one of the soundest five-year plans in all Asia must now be curtailed. Originally, Malaya hoped to spend $361 million by 1960 for everything from better schools to an adequate port for Kuala Lumpur. Now all activity will be limited to projects already started...

Author: /time Magazine | Title: -WORLD COMMODITY CRISIS-: It Cannot Be Solved by Trade Barriers | 5/26/1958 | See Source »

JAMES A. MICHENER Kuala Lumpur, Malaya...

Author: /time Magazine | Title: Letters, Dec. 23, 1957 | 12/23/1957 | See Source »

...Blessed Legacy. But even in Malaya in the sunset of empire, Britain did things in style. At Kuala Lumpur's newly built Merdeka Stadium, the mustachioed Duke of Gloucester formally conferred sovereignty on the new nation, in the name of his niece, the Queen. Backing the duke was a distinguished group of Britons, including Field Marshal Sir Gerald Templer, who as High Commissioner to Malaya turned the tide against the Communist rebellion in Malaya in 1952-54, and Viscount Kilmuir, the Lord Chancellor of Great Britain...

Author: /time Magazine | Title: MALAYA: A New Nation | 9/9/1957 | See Source »

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