The economic relationship between the U.S. and China during the
1940s has long been neglected, with few scholarly works focusing on
the period. This era was overshadowed by the political and
diplomatic changes during and after the failure of the Nationalists
in 1949. Without a close and insightful look into the
reconstruction of China with American involvement during the late
1940s, one cannot identify the problems which led to the
Nationalists' failure, nor can one answer the questions dealing
with the impact of American economic policy toward China during
that time.
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