First Published in 1981. Contrary to Chairman Mao's assertion that
political power comes from the barrel of a gun, this study contends
that political power in China in the early 1920s emanated from the
boardrooms of foreign banks. The author's interest in the way
financial concerns have shaped foreign policy began with the
discovery that the Lloyd George government attempted to influence
the American government's policy on the British war debts by
offering concessions concerning the renewal of the Anglo-Japanese
Alliance. This study should provide understanding concerning the
causes of Chinese bitterness as well as suggest the conflicts
experienced by diplomats in balancing public and private interests.
General
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