Word: nationalizing
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Dates: during 1950-1959
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...Hong Kong-became heavily Chinese. As agents and middlemen, the ubiquitous Chinese followed the Dutch troops into Sumatra, Borneo and Celebes, the British into Burma, the French into Indo-China. Even in Thailand, which never became a European colony, the Chinese were advisers to the king, and controlled the nation's commerce...
...China has played it both ways. In the first flush of conquering the mainland, the Reds championed the Overseas Chinese and even allotted them 30 seats in the National People's Congress at Peking. The hua-chiao were called "the endeared children of the Chinese nation" and were told that their "proper rights and interests are now protected by their country." Thousands of hua-chiao students went to China to complete their education; Chinese schoolteachers throughout Southeast Asia displayed Peking's five-starred flag; delirious Singapore millionaires endowed academies and hospitals in China; and millions of dollars poured...
...Flags. At stake was control of Africa's biggest nation (pop. 35 million), which gets its independence from Britain next October. Taxi drivers shouted slogans at one another through the traffic; staffs of business firms, and even families, split into opposing camps. Two bickering brothers reached a compromise by flying Zik's flag at the front of their house, Awolowo's at the back...
...Awolowo, despite the most money and the best organization, trailed badly. As the ballots were counted, the Sardauna's North swung ahead of Zik, but if no one got a clear majority, it would be left to the discretion of Governor General Sir James Robertson to name the nation's first head of state...
...proof of the Frondizi policy pours in, nationalistic outcries have died. Oil imports, which caused a crippling trade deficit, dropped from $280 million in 1957 to $174 million this year, and will cease in 1961. As befits a nation ranking twelfth in the world in proven oil reserves, Argentina plans to be selling a yearly 25 million bbl. of petroleum abroad...