Introduction; 1. Ichigo and its aftermath; 2. Hyperinflation and the rivalry between T. V. Soong and H. H. Kong; 3. Sudden surrender and botched liberation; 4. 1946 – failure to revive the economy in the aftermath of war; 5. 1947 – speeding towards disaster; 6. 1948 – the collapse of Fabi and the Gold Yuan disaster; Conclusion; Glossary.

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Ground-breaking new interpretation of the collapse of Chiang Kai-shek's government addressing why the Nationalists lost China's civil war in 1949.

About the Author

Parks M. Coble is James L. Sellers Professor of History at University of Nebraska-Lincoln.

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