Word: indoing
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...French invested $2 billion, built up Indo-China's rice and rubber production; before World War II, the colony, along with Siam and Burma, was one of the world's three leading rice exporters. Its surplus went to rice-short China, a fact of great significance these days in Communist China's support of Communist Ho Chi Minh. All the raw rubber France needed came from Indo-China. There were other lucrative items: coal, wolfram, pepper, opium (which, to French shame, was sold to the natives through a state monopoly) and many jobs for a white bureaucracy...
...Dangerous Liability. Indo-China is no longer a golden asset for France. As everywhere in the East, the old colonialism has died beneath the impact of Western nationalist, egalitarian ideas, a process greatly hastened by the Japanese march in World War II under the slogan "Asia for the Asiatics." The French have bowed grudgingly to the times...
...that time the French were up to their necks in a costly campaign to crush Ho Chi Minh and his Communist bid for power. The civil war has cut rice production in half and disrupted the rest of Indo-China's economy. It has tied down 130,000 French troops, about half of the Fourth Republic's army, and thereby weakened the contribution France might make to Western Europe's defense. In lives, the Indo-China war has cost the French 50,000 casualties. In money, it has cost $2 billion-just about the sum of ECAid...
...Indo-China, in brief, has become a dangerous liability for France-nor does any realistic Frenchman think it can ever again be an asset. Why, therefore, spend more blood and treasure in thankless jungle strife? Why not pull...
...answer is: more than French war weariness and prestige are at stake. If Indo-China falls to Communism, so, in all probability", will all of Southeast Asia...