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Chapter 1 - Ichigo and Its Aftermath

Published online by Cambridge University Press:  10 March 2023

Parks M. Coble
Affiliation:
University of Nebraska, Lincoln
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Summary

The chapter offers a general introduction to the Ichigo campaign, particularly with reference to its economic impact. Launched late in the war when Japan’s position in the Pacific was deteriorating, it was the largest military campaign ever undertaken by the Japanese Imperial Army. The armies of Chiang Kai-shek performed very poorly, often just melting away. There was general pessimism about the war in China even as the Allies did well elsewhere.

The campaign had a calamitous economic impact on Free China. Food supplies were cut off. Hyperinflation continued to have a devastating impact on the lives of Chinese. There were struggles in maintaining the exchange rate of fabi and the beginnings of conflict with the United States over this issue. US treasury secretary Morgenthau became angry with Chiang. A second dispute over the sale of gold in China supplied by the United States created tension between Morgenthau and T. V. Soong who represented Chiang in Washington.

Type
Chapter
Information
The Collapse of Nationalist China
How Chiang Kai-shek Lost China's Civil War
, pp. 18 - 40
Publisher: Cambridge University Press
Print publication year: 2023

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  • Ichigo and Its Aftermath
  • Parks M. Coble, University of Nebraska, Lincoln
  • Book: The Collapse of Nationalist China
  • Online publication: 10 March 2023
  • Chapter DOI: https://doi.org/10.1017/9781009297639.002
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  • Ichigo and Its Aftermath
  • Parks M. Coble, University of Nebraska, Lincoln
  • Book: The Collapse of Nationalist China
  • Online publication: 10 March 2023
  • Chapter DOI: https://doi.org/10.1017/9781009297639.002
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Ichigo and Its Aftermath
  • Parks M. Coble, University of Nebraska, Lincoln
  • Book: The Collapse of Nationalist China
  • Online publication: 10 March 2023
  • Chapter DOI: https://doi.org/10.1017/9781009297639.002
Available formats
×