Parks M. Coble

Parks M. Coble, author of 'The Collapse of Nationalist China: How Chiang Kai-shek Lost China's Civil War', revisits the stunning political collapse of Chiang Kai-shek's government in the twentieth century. The collapse was fueled by hyperinflation, caused by Chiang printing currency to cover debts during the war against Japan. The government's failure to stabilize the currency and tackle hyperinflation in time was due to Chiang's centralized authority and competing agencies. The podcast also explores Mao and the Communist Party's survival and financing during the Civil War, as well as the speaker's reflections on early visits to China and retirement plans.

Parks M. Coble, author of The Collapse of Nationalist China, discusses the hyperinflation and financial collapse in Nationalist China during the civil war, the communist party's effective strategies, and the challenges faced by the nationalist government. The chapter also explores the potential for reconciliation and Jank's reinvention in Taiwan, as well as the past problems and ongoing issues in China's history. Parks contemplates future writing and retirement reflection.