china's foreign loan and second revolution 1913
- Created by: Elise
- Created on: 26-04-12 14:05
Fullscreen
China’s Foreign Loan 1913
· Yuan Shikai borrowed large financial loan from foreign powers
· Yuan had to accept demands from international banking consortium (financiers from France, Britain, Russia, Japan and USA)
· 1913 consortium offered loan of $100 million, provided:
o China pledge future tax revenues as security
o China recognised Britain’s control of Tibet…
Comments
No comments have yet been made