• Short Summary

    An American firm is cashing on President Nixon's trip to Peking. In San Francisco, a?

  • Description

    An American firm is cashing on President Nixon's trip to Peking. In San Francisco, a small import business is currently riding the crest of the new Mao Tse-tung industry. The firm has cornered the market in tin lapel buttons of Chairman Mao, and since President Nixon's trip started, business has been booming.

    The buttons are making a big profit. Badges are purchased from a Hong Kong business for five cents, and sold to a China-fixated American public at a dollar and fifty cents each.

    SYNOPSIS: President Nixon's visit to the Chinese People's Republic has brought a rush of business to a San Francisco firm that has cornered the market in Mao buttons. Beneath pictures of Chairman Mao, workers are busy stamping "Made in China" on each button -- its already there in Chinese. The firm imported fifty-five thousand buttons from Hong Kong at five cents each, and has already sold fifteen-thousand -- at a cool capitalist profit of a dollar and fifty cents each.

    Stamped buttons are stored away ready for a big sales campaign in major cities Now businessmen are wondering if the Chinese will import "I like Nixon" buttons to further cement Chinese-american relations.

  • Tags

  • Data

    Film ID:
    VLVADI9JG3X3P5TQLCSYQC4M9G39G
    Media URN:
    VLVADI9JG3X3P5TQLCSYQC4M9G39G
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    27/02/1972
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:43:00
    Time in/Out:
    /
    Canister:
    N/A

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