New Books in Economics cover image

Austin Dean, "China and the End of Global Silver, 1873–1937" (Cornell UP, 2020)

New Books in Economics

CHAPTER

Currency Reform and International Influence in Early 20th Century China

This chapter explores the complex motivations and negotiations surrounding U.S. foreign policy and currency reform in early 20th century China, particularly under Secretary of State John Hay. It examines the significant resistance from provincial leaders, the implications of foreign loans, and the struggle for economic stability amid geopolitical tensions. Highlighting key events and reforms, the chapter illustrates the intricate interplay between local governance and international banking influences during a tumultuous period in Chinese history.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner