Thousands invested in China from 1898 to 1938, largely to underwrite railways. China defaulted in 1939, after Japan invaded Mao Tse-tung refuses to honour any pre communist promises. This republican bond was backed by customs revenues, but the customs men never collected enough to pay off.

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Creative#:

TOP18387953

Source:

達志影像

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RM

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須由TPG 完整授權

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