Silver and Gold
Sino-Japanese Competition in Manchuria during the 1930s World Depression
Bibliographic Data
| ID | 6007940 |
|---|---|
| Authors | Tim Wright (0000-0001-8338-5935, University of Western Australia, Perth, Australia, corresponding author) |
| Year | 2025 |
| Volume | 51 |
| Issue | 3 |
| Pages | 235-263 |
| Publication date | 2025-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Modern China (JOURNAL) |
| Journal identifiers | ISSN: 0097-7004 • E-ISSN: 1552-6836 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/00977004251322869 |
| OpenAlex | W4408986714 |
| Language | EN |
| References cited | 16 |
The World Depression was crucial both for the histories of China and Japan and for the relationship between the two countries. This study of Manchuria examines how a side effect of the Depression—changes in the value of silver-based currencies in relation to gold-based ones—influenced the relationship through competition between Chinese and Japanese enterprises. To begin with, the decline in the value of silver increased the competitiveness of a series of new Chinese enterprises established with the support of the regional warlord regime. In political terms, the intensified competition exacerbated Sino-Japanese tensions and contributed to a perception of crisis among Japanese nationalists, providing a pretext for demanding a more assertive policy in Manchuria, thus influencing at least the timing of the Japanese occupation of the region. From 1932, the silver-based currencies began to rise against the yen, and the earlier mechanisms were reversed, though other more powerful factors were also at work
Biology · China · Competition (biology · Depression (economics · Development economics · Economics · Great Depression · Keynesian economics · Political science · Chinese history and philosophy · Ecology · Japanese History and Culture
China and the End of Global Silver, 1873-1937
Swallows and Settlers
The Manchurian Myth
Lever of Empire
Ten Theses on the Chinese Revolution
After Imperialism; The Search for a New Order in the Far East 1921-1931
The Manchurian Economy and the 1930s World Depression
The Manchurian Crisis and Moderate Japanese Intellectuals
Capital Formation and Operating Profits of the Kailuan Mining Administration (1903-1937)
Golden Fetters. The Gold Standard and the Great Depression, 1919-1939
Coal Mining in China's Economy and Society, 1895-1937
The Making of Japanese Manchuria, 1904-1932
| Citation velocity | historical |
|---|---|
| Highly cited | No |