Marcy 31.1942-China and the United States signed a five hundred million U.S. dollars loan agreement
March 31, 1942, February 15th (Horse), China and the United States signed a five hundred million U.S. dollars loan agreement. Reference 31 March 1942, China and the United States on behalf of the two governments signed a five hundred million U.S. dollars loan agreement in Washington, a total of three. (History TodayOnHistory.com)
Its main contents are: to strengthen the Chinese aggression of capacity, the United States agreed to provide $ 500 million loan repayment time can be extended to the end of the Second World War. Amounts to enhance the Chinese currency, monetary and banking system; promote the production and distribution of industrial necessities; prevent inflation; prevent the hoarding of food for other raw materials; improved transport and transport; promote the improvement of Chinese people's lives; adapt outside the Lend-Lease Act and other military needs.
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