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The Currency System Reform In China 1935 And Choice Of National Interest By China US UK And Japan

Posted on:2005-07-03Degree:MasterType:Thesis
Country:ChinaCandidate:Y P ChenFull Text:PDF
GTID:2155360122994149Subject:Foreign relations history
Abstract/Summary:
In the mid of 1930s, after carrying out the silver Standard for years, China was suffering profoundly financially due to the silver policy implemented by the US, resulting in a drain of silver as well as serious financial crisis. For the sake of solving the crisis and resisting the Japanese attempt to destroy China financially, the Chinese government took a positive stance in seeking foreign aids, especially from the UK and the US, and succeeded in acquiring support from the UK(though merely to a certain extent)and exporting silver to the US, Which contributed to the final success in the followed reform as well as the stabilization of currency .As a result, China protected its national interests in the complicated relationships and interactions among eastern Asian countries.
Keywords/Search Tags:silver policy, currency system reform, eastern Asian international relationship, national interest
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