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National Bank Of Chinese Soviet Republic
The Chinese Soviet Republic National Bank was a bank established by the Chinese Communist Party-controlled Chinese Soviet Republic in the Republic of China (1912–1949), Republic of China. Its governor was Mao Zemin, the younger brother of Mao Zedong. It was involved in providing mortgage loan, mortgage, loaning, saving, Bill (payment), billing, and government bond services, and was responsible for issuing banknotes and coins in the CCP's controlled territory from 1932 to 1937. History The bank was established in Ruijin, Jiangxi, on 1 February 1932. From 1935 to 1936 it was gradually moved to Shanbei along with the People's Liberation Army, Red Army and renamed to the Chinese Soviet Republic National Bank – Northwest Branch. Following the creation of the Second United Front and the dissolution of the CSR in the aftermath of the Sian Incident, the bank was renamed to the Shensi-Kansu-Ninghsia Border Area Bank in 1937. References

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Chinese Communist Party
The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Civil War against the Kuomintang, and, in 1949, Mao proclaimed the establishment of the People's Republic of China. Since then, the CCP has governed China with eight smaller parties within its United Front and has sole control over the People's Liberation Army (PLA). Each successive leader of the CCP has added their own theories to the party's constitution, which outlines the ideological beliefs of the party, collectively referred to as socialism with Chinese characteristics. As of 2022, the CCP has more than 96 million members, making it the second largest political party by party membership in the world after India's Bharatiya Janata Party. The Chinese public generally refers to the CCP as simply "the Party". In 1921, Chen Duxiu an ...
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Shanbei
Shaanbei () or Northern Shaanxi is the portion of China's Shaanxi province north of the Huanglong Mountain and the Meridian Ridge (the so-called "Guanzhong north mountains"), and is both a geographic as well as a cultural area. It makes up the southeastern portion of the Ordos Basin and forms the northern part of the Loess Plateau. The region includes two prefectural cities of Yulin, which is known for the Ming Great Wall traversing through its northern part; and Yan'an, which is known as the birthplace of the Chinese Communist Revolution. Geography Shaanbei is located in the northern edge of the Loess Plateau with a general elevation range of , occupying approximately 45% of the total area of Shaanxi. Elevation tends to increase from northwest to southeast. The northern portions degrade into the Ordos Desert, while the southern portions slope up into hills. Shaanbei is generally perceived to include all of Yulin and the northern half of Yan'an prefectures, while the mo ...
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1937 Disestablishments
Events January * January 1 – Anastasio Somoza García becomes President of Nicaragua. * January 5 – Water levels begin to rise in the Ohio River in the United States, leading to the Ohio River flood of 1937, which continues into February, leaving 1 million people homeless and 385 people dead. * January 15 – Spanish Civil War: Second Battle of the Corunna Road ends inconclusively. * January 20 – Second inauguration of Franklin D. Roosevelt: Franklin D. Roosevelt is sworn in for a second term as President of the United States. This is the first time that the United States presidential inauguration occurs on this date; the change is due to the ratification in 1933 of the Twentieth Amendment to the United States Constitution. * January 23 – Moscow Trials: Trial of the Anti-Soviet Trotskyist Center – In the Soviet Union 17 leading Communists go on trial, accused of participating in a plot led by Leon Trotsky to overthrow Joseph Stalin's regime, and assassinate ...
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Banks Established In 1932
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Defunct Banks Of China
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Sian Incident
The Xi'an Incident, previously romanized as the Sian Incident, was a political crisis that took place in Xi'an, Shaanxi in 1936. Chiang Kai-shek, leader of the Nationalist government of China, was detained by his subordinate generals Chang Hsüeh-liang (Zhang Xueliang) and Yang Hucheng, in order to force the ruling Chinese Nationalist Party (Kuomintang or KMT) to change its policies regarding the Empire of Japan and the Chinese Communist Party (CCP). Prior to the incident, Chiang Kai-shek followed a strategy of "first internal pacification, then external resistance" that entailed eliminating the CCP and appeasing Japan to allow time for the modernization of China and its military. After the incident, Chiang aligned with the Communists against the Japanese. However, by the time Chiang arrived in Xi'an on 4 December 1936, negotiations for a united front had been in the works for two years. The crisis ended after two weeks of negotiation, in which Chiang was eventually released ...
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Second United Front
The Second United Front ( zh, t=第二次國共合作 , s=第二次国共合作 , first=t ) was the alliance between the ruling Kuomintang (KMT) and the Chinese Communist Party (CCP) to resist the Japanese invasion of China during the Second Sino-Japanese War, which suspended the Chinese Civil War from 1937 to 1945. Background In 1927 the Chinese Communists retaliated against Kuomintang following a betrayal of its members in Shanghai by National Revolutionary Army commander Chiang Kai-shek, which marked the end of the KMT's four-year alliance with the Soviet Union and its cooperation with the CCP during the Northern Expedition (aka First United Front) to defeat warlords and unify China. In 1931 the Japanese launched its invasion and subsequent occupation of Manchuria. Chiang Kai-shek, who ''de facto'' led the central government of China, decided that China must avoid all-out war with Japan due to domestic turmoil and inadequate preparation. Therefore, he "pursued a ...
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People's Liberation Army
The People's Liberation Army (PLA) is the principal military force of the China, People's Republic of China and the armed wing of the Chinese Communist Party (CCP). The PLA consists of five Military branch, service branches: the People's Liberation Army Ground Force, Ground Force, People's Liberation Army Navy, Navy, People's Liberation Army Air Force, Air Force, People's Liberation Army Rocket Force, Rocket Force, and People's Liberation Army Strategic Support Force, Strategic Support Force. It is under the leadership of the Central Military Commission (China), Central Military Commission (CMC) with its Chairman of the Central Military Commission (China), chairman as Supreme Military Command of the People's Republic of China, commander-in-chief. The PLA can trace its origins during the Republic of China (1912–1949), Republican Era to the left-wing units of the National Revolutionary Army (NRA) of the Kuomintang (KMT) when they broke away on 1 August 1927 in an Nanchang ...
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Jiangxi
Jiangxi (; ; formerly romanized as Kiangsi or Chianghsi) is a landlocked province in the east of the People's Republic of China. Its major cities include Nanchang and Jiujiang. Spanning from the banks of the Yangtze river in the north into hillier areas in the south and east, it shares a border with Anhui to the north, Zhejiang to the northeast, Fujian to the east, Guangdong to the south, Hunan to the west, and Hubei to the northwest. The name "Jiangxi" is derived from the circuit administrated under the Tang dynasty in 733, Jiangnanxidao (; Gan: Kongnomsitau). The abbreviation for Jiangxi is "" (; Gan: Gōm), for the Gan River which runs across from the south to the north and flows into the Yangtze River. Jiangxi is also alternately called ''Ganpo Dadi'' () which literally means the "Great Land of Gan and Po". After the fall of the Qing dynasty, Jiangxi became one of the earliest bases for the Communists and many peasants were recruited to join the growing peopl ...
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Chinese Soviet Republic
The Chinese Soviet Republic (CSR) was an East Asian proto-state in China, proclaimed on 7 November 1931 by Chinese communist leaders Mao Zedong and Zhu De in the early stages of the Chinese Civil War. The discontiguous territories of the CSR included 18 provinces and 4 counties under the communists' control. The CSR's government was located in its largest component territory, the Jiangxi–Fujian Soviet (alternatively romanised as the Kiangsi–Fukien Soviet). Due to the importance of the Jiangxi–Fujian Soviet in the CSR's early history, the names Jiangxi Soviet and Kiangsi Soviet are sometimes used to refer to the CSR as a whole. Other component territories of the CSR included the Northeastern Jiangxi, Hunan-Jiangxi, Hunan-Hubei-Jiangxi, Hunan-Western Hubei, Hunan-Hubei-Sichuan-Guizhou, Shaanxi-Gansu, Szechuan-Shensi, Hubei-Henan-Anhui and Haifeng-Lufeng Soviets. Mao Zedong was both CSR state chairman and prime minister; he led the state and its government. M ...
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Ruijin
Ruijin () is a county-level city of Ganzhou in the mountains bordering Fujian Province in the south-eastern part of Jiangxi Province. Formerly a county, Ruijin became a county-level city on May 18, 1994. It was an early center of Chinese communist activity. In the late-1920s, the Republic of China (ROC) forced the Communists out of the Jinggang Mountains. The Communists fled to Ruijin and the safety of its relative isolation in the rugged mountains along Jiangxi-Fujian border. In 1931, Mao Zedong founded the Chinese Soviet Republic (CSR) with Ruijin as its capital; it was called Ruijing by the CSR. The Communist left in 1934 on the Long March after being surrounded again by the ROC. During the Cultural Revolution, the Ruijin Massacre in September and October 1968 killed over 300 people in the county. Ruijin is a popular destination for red tourism and ecotourism. It is a pilgrimage for Maoists from China and around the globe. Administrative divisions Ruijin City has 7 towns ...
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Government Bond
A government bond or sovereign bond is a form of bond issued by a government to support public spending. It generally includes a commitment to pay periodic interest, called coupon payments'','' and to repay the face value on the maturity date. For example, a bondholder invests $20,000, called face value or principal, into a 10-year government bond with a 10% annual coupon; the government would pay the bondholder 10% interest each year and repay the $20,000 original face value at the date of maturity (i.e. after 10 years). Government bonds can be denominated in a foreign currency or the government's domestic currency. Countries with less stable economies tend to denominate their bonds in the currency of a country with a more stable economy (i.e. a hard currency). When governments with less stable economies issue bonds, there is a possibility they will be unable to repay bondholders, resulting in a default. All bonds carry a default risk. International credit rating agencie ...
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