Cookies Policy
X

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

I accept this policy

Find out more here

The Sino-Japanese Currency War

Brill’s MyBook program is exclusively available on BrillOnline Books and Journals. Students and scholars affiliated with an institution that has purchased a Brill E-Book on the BrillOnline platform automatically have access to the MyBook option for the title(s) acquired by the Library. Brill MyBook is a print-on-demand paperback copy which is sold at a favorably uniform low price.

Access this chapter

+ Tax (if applicable)

Chapter Summary

The present Sino-Japanese currency war is, however, of an entirely different nature. It is the aim of the Japanese to circulate a kind of paper money in those areas of China which are under their occupation, in order to supersede the Chinese legal tender. The Chinese Government took certain measures to meet this new Japanese attack. Again a limit was placed on the withdrawal of bank deposits in Shanghai, which was to serve a three-fold purpose. With effective price, trade and exchange control in the interior, the deterioration in the exchange rate in Shanghai would not affect very much the Chinese population in these provinces. The trade of other countries with China will suffer from the trade control instituted by both combatants. Thus the Sino-Japanese currency war is a sword which not only cuts both ways, but also strikes at the vital trade interests of all nations concerned.

Keywords: Chinese legal tender; Shanghai; Sino-Japanese currency war

10.1163/ej.9781905246526.i-676.163
/content/books/10.1163/ej.9781905246526.i-676.163
dcterms_subject,pub_keyword
6
3
Loading

Sign-in

Can't access your account?
  • Tools

  • Add to Favorites
  • Printable version
  • Email this page
  • Recommend to your library

    You must fill out fields marked with: *

    Librarian details
    Your details
    Why are you recommending this title?
    Select reason:
     
    Chinese Economic History up to 1949 (2 vols) — Recommend this title to your library
  • Export citations
  • Key

  • Full access
  • Open Access
  • Partial/No accessInformation