History of Foreign Debt
About This Novel
In modern world history, foreign debt is not only the main method of international capital flows and international economic exchanges, but also an important means in international diplomatic struggles and international political activities. In modern China, especially after the Sino-Japanese War of 1894-1894, the issue of foreign debt became a major issue affecting China's finance, economy, politics, diplomacy and many other aspects. To conduct a more in-depth investigation of this period of Chinese history, it is necessary to understand China's foreign debt in modern times. In modern times, many knowledgeable people have expounded on the harmful effects of foreign debt, but there are also some Chinese people who know that it is a pit of fire, but insist on jumping into it. Some government dignitaries and some entrepreneurs in old China regarded foreign debt as a life-saving straw and coveted it, while others were afraid to avoid it. Therefore, the author believes that it is necessary to understand modern China's foreign debt from different angles and aspects, but it cannot be divorced from the historical conditions of modern Chinese society and the historical facts of the time should be fully respected. These are the premise for the narrative of this booklet.
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