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The Financial Stability Of The Nanking Government

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Chapter Summary

The financial position of the National Government of China is of special international significance because of its precarious nature and the innumerable and conflicting economic and political interests which would be affected by a stabilization of its position or a complete collapse of its financial and political control. Internally the Nanking Government faces problems fundamentally more serious than those presented by foreign political and financial pressure. To analyze the present financial position of Nanking is as difficult as it is important. Barring the possibility of some form of foreign assistance, it would seem that Nanking's only chance of continuing to finance its operations and carry on the administration of government depends upon whether such revenues as remain to it are devoted solely to the objective of improving the economic welfare of the people and thereby eliminating the principal cause for internal revolt against its political control.

Keywords: economic welfare; financial position; Nanking Government; National Government of China; political control



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