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China’s entry into war relieves debt burden to Germany
Peking reports that China’s joining the European war on the side of the Allies will free the government from interest payments on German debts totaling about 235 million gold. Major obligations include the Boxer indemnity and Anglo German loans, with German finance and the German Asiatic Bank holding vast positions in Chinese assets and industry.
MENTIONED IN THIS ARTICLE
Peking
China
Germany
German-Asiatic Bank
Fire Power Group
Tientsin
Thinanfu
Tsingtau
Hankow
Canton
Orient
Cement Indusin
Econtrols Piper Breweries
Arnold Karhers and Company
Far East
Shanghai