The Inflationary Spiral: The Experience in China, 1939-1950

By Kia-Ngau Chang | Go to book overview

Index
Advances to government (by government banks), see Credit
Agriculture, farm lands, devastation, 67 farming income, 61 foreign products and price level prior to 1935, 9 harvests in relation to price level prior to 1935, 8 imports ( 1932-1935), 11, 210, 211, 224 land cultivated in Free China, 226 output in Free China, 13, 25, 34, 42, 45, 53, 58, 59, 212, 213, 221, 224, 225, 226, 227, 228, 229, 230, 233, 234 output in Occupied China, 13 products demanded by farmers, 31 prices, 3235 returns, 32 rural wages, 31 stagnation, 322 workers, 30, 31
Aid from foreign nations, 15, 18, 57, 145, 146 from UNRA, 229, 230, 231, 235, 238
America, see United States
Army, deserters, 67 diversion of manpower to military, 30 guerilla units possible ( 1938), 17 military conscription, 61 military expenditures, 68, 69, 70, 110, 112, 126, 156 military officers in business, 65 military recruitment, 42, 47, 127 military reverses, 23, 32 no reduction ( 1938), 15
Army, number of troops, 110, 111, 126, 127, 128, 153, 156 offensive and counteroffensive ( 1945), 44, 47, 52, 58
Balance of payments, 4
Balance of trade, between interior and ports, 183 foreign, 4
Bank of China (established 1912; earlier, the Hu-pu Bank, later, the Ta Ching Bank), 176, 177, 178, 289, 291, 368 bank notes as legal tender, 7, 281 dealings in foreign exchange, 285, 296, 325 government acquisition of majority interest, 181 lines of business defined, 251 refusal to become central bank, 175 self-defense against inflation, 6 Shanghai Branch, continuation of redeeming bank notes ( 1916), 5
Bank of Communications (established 1907, rechartered 1914), 21, 175, 176, 177, 178, 289, 291, 368 dealings in foreign exchange, 285, 296, 325 government acquisition of majority interest, 181 lines of business defined, 251 self-defense against inflation, 6 Shanghai Branch, suspension of redeeming bank notes ( 1916), 5

-387-

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