Nationalist Period 1911 - 1949

Question 1

What is ‘dollar diplomacy’?

Answer 1

America’s insistence on unfetter exchange in international commercial and financial dealings.

Question 2

What were the Yuan Shikai’s 1913 Restrictions?

Answer 2

In 1913, the consortium offered a loan of $100 million to China with the following terms:
- China to pledge its future tax revenues as security and to place the administration of Chinese finances in the hands of foreign controllers.
- China to recognise Britain’s control of Tibet
- China to recognise Russia’s control of Outer Mongolia

Question 3

What were people the Japanese’s 21 Demands (1915)?

Answer 3

A few of the demands included:
- China shall purchase from Japan a fixed amount of munitions of war(say 50% or more of what is needed by the Chinese).
- The Chinese Central Government shall employ influential Japanese’s as advisors in political, financial and military affairs.
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