GEOG215 Lecture Notes - Lecture 13: 1997 Asian Financial Crisis, Soviet Union, Mao Zedong

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Maos communists capture beijiing in 1949 forcing out jiangs nationalists. Mao reestablished traditional borders and influence over all the regions. Wanted neighbours to follow in communist revolution. Develop friendly trade with foreign nations and attract capitalist investment. Overseas chinese to provde technical skills and investment capital, but didn"t want to risk the relations with the governments of these new nations. Wanted communist movement to deport lower classes to other countries, didn"t want to allow us bases in neighbouring countries. Wanted seat in un to allow china to be involved in international affairs. Wao wanted to abrogate unequal treaties made by formeer government. Encouraged overseas opulation to return to rebuild china. Dual citizenship stoppedin 57 due to limited results. China offered 1 billion dollar loan to stabilize currency.

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