A Brief History of Foreign Debt in China

A Brief History of Foreign Debt in China
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Zhengping follows the convention in modern China by defining foreign debt as the financial obligations of the government to foreign governments, banks, and corporations, though he does touch upon some influential private borrowings as well. He covers foreign debt before the first Sino-Japanese war, in the late Qing Dynasty, foreign debt of the Nanjing Provisional Government, and foreign debt during the reign of the Kuomintang. Among specific topics are the foreign loans to suppress the Small Swords Society and the Taiping Army, the so-called Boxer Indemnity Loan, the international banking consortium’s monopoly on loans to China and the Reorganization Loan, and the railroad loans to the Nanjing government before the anti-Japanese war. Distributed in the US by ISBS. Annotation ©2014 Ringgold, Inc., Portland, OR (protoview.com)
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