{"title":"近代中国的财政义务与战略(1901-1925):两的贬值、奥地利贷款和黄金法郎","authors":"Chihyun Chang, Chiu-Ya Kao","doi":"10.1017/S1479591423000116","DOIUrl":null,"url":null,"abstract":"Abstract The financial burden of the Boxer Indemnity forced the Chinese government to change its behaviours since 1901. This article re-examines the position that the decision to honour indeminity obligations enabled the Chinese state to maintain peaceful relations with western powers during the first quarter of the twentiety century. The 1901 edict affirming that China would re-examine its capacity to satisfy its international commitments. Before this edict, China had selectively followed its Sino-foreign treaties, but thereafter, China completely assumed all of her financial obligations to foreign creditors. These changes in behaviour helped China restore its deteriorated foreign relations and were followed by Provisional Executive Duan Qirui until 1925. These changes can be illustrated by three cases, namely the depreciation of tael, the Austrian loans, and the gold franc. The cases were highly international as the first concerned eleven foreign creditors, the second concerned two, and the third concerned three. From 1901–1925, foreign powers also provided China with reciprocal favours in exchange for China's responsible behaviours. Eventually, China retrieved its tariff autonomy in 1930.","PeriodicalId":51971,"journal":{"name":"International Journal of Asian Studies","volume":null,"pages":null},"PeriodicalIF":0.5000,"publicationDate":"2023-04-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Modern China's financial obligations and strategies, 1901–1925: the depreciation of tael, the Austrian loans and the gold franc\",\"authors\":\"Chihyun Chang, Chiu-Ya Kao\",\"doi\":\"10.1017/S1479591423000116\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Abstract The financial burden of the Boxer Indemnity forced the Chinese government to change its behaviours since 1901. This article re-examines the position that the decision to honour indeminity obligations enabled the Chinese state to maintain peaceful relations with western powers during the first quarter of the twentiety century. The 1901 edict affirming that China would re-examine its capacity to satisfy its international commitments. Before this edict, China had selectively followed its Sino-foreign treaties, but thereafter, China completely assumed all of her financial obligations to foreign creditors. These changes in behaviour helped China restore its deteriorated foreign relations and were followed by Provisional Executive Duan Qirui until 1925. These changes can be illustrated by three cases, namely the depreciation of tael, the Austrian loans, and the gold franc. The cases were highly international as the first concerned eleven foreign creditors, the second concerned two, and the third concerned three. From 1901–1925, foreign powers also provided China with reciprocal favours in exchange for China's responsible behaviours. Eventually, China retrieved its tariff autonomy in 1930.\",\"PeriodicalId\":51971,\"journal\":{\"name\":\"International Journal of Asian Studies\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":0.5000,\"publicationDate\":\"2023-04-27\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Journal of Asian Studies\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1017/S1479591423000116\",\"RegionNum\":3,\"RegionCategory\":\"社会学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"0\",\"JCRName\":\"ASIAN STUDIES\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Asian Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1017/S1479591423000116","RegionNum":3,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"0","JCRName":"ASIAN STUDIES","Score":null,"Total":0}
Modern China's financial obligations and strategies, 1901–1925: the depreciation of tael, the Austrian loans and the gold franc
Abstract The financial burden of the Boxer Indemnity forced the Chinese government to change its behaviours since 1901. This article re-examines the position that the decision to honour indeminity obligations enabled the Chinese state to maintain peaceful relations with western powers during the first quarter of the twentiety century. The 1901 edict affirming that China would re-examine its capacity to satisfy its international commitments. Before this edict, China had selectively followed its Sino-foreign treaties, but thereafter, China completely assumed all of her financial obligations to foreign creditors. These changes in behaviour helped China restore its deteriorated foreign relations and were followed by Provisional Executive Duan Qirui until 1925. These changes can be illustrated by three cases, namely the depreciation of tael, the Austrian loans, and the gold franc. The cases were highly international as the first concerned eleven foreign creditors, the second concerned two, and the third concerned three. From 1901–1925, foreign powers also provided China with reciprocal favours in exchange for China's responsible behaviours. Eventually, China retrieved its tariff autonomy in 1930.
期刊介绍:
International Journal of Asian Studies (IJAS) is an interdisciplinary, English-language forum for research in the humanities and social sciences. Its purpose is to foster multi-directional communication among the global Asian studies community. IJAS examines Asia on a regional basis, emphasizing patterns and tendencies that go beyond the borders of individual countries. The editorial committee is particularly interested in interdisciplinary and comparative studies whose arguments are strengthened by rigorous historical analysis. The committee encourages submissions from Asian studies researchers globally, and especially welcomes the opportunity to introduce the work of Asian scholars to an English-language readership.