On The Role Of The Puppet Mengjiang Bank During The Japanese Invasion Of China

As the so-called Central Bank of Mengjiang region,the puppet Mengjiang Bank was responsible for financial management and currency issue during the period of Japanese invasion.On the surface,the puppet Mengjiang Bank belongs to the puppet regime,but the actual control is controlled by the Mongolian army and the Japanese government,which has become one of the important tools for the Japanese puppet regime to maintain colonial rule and carry out economic plunder in the area.After the establishment of the puppet Mengjiang Bank,the unified management of financial institutions was realized by issuing Mongolian bank notes to unify the currency system in the region.According to the objective development of the financial industry in Mengjiang area,the measures taken by the fake Mengjiang Bank are helpful to control the price of the area and maintain the stability of the currency in a long time.However,the price and monetary system that the puppet Mengjiang Bank tried to maintain was formed under the strong power.At the end of the Japaneseinvasion war,this situation finally could not be maintained and collapsed.The Empire of Japan used the laws and regulations issued by the fake Mengjiang Bank to plunder wealth and strategic materials,causing serious damage to the economy and people's livelihood in the region.