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1 Chiao / 10 Cents Bank of West Shantung

Issuer Bank of West Shantung
Year 29 (1940)
Type Local banknote
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Obverse description Blue letterpress print in vertical format, with Chinese text reading right to left. A gazebo vignette appears on a hill at upper centre, flanked by square seal-script overprints. Denomination and issuer legends are arranged in vertical columns with Republic of China Year 29 dating.
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Reverse lettering BANK OF
WEST SHANTUNG
TEN CENTS

10 - 10
(Translation: 1 (Chiao))
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Comments

The Bank of West Shantung was one of several regional puppet banks established under Japanese occupation authority in China during the Second Sino-Japanese War. These institutions were created to absorb and displace the existing currency systems in occupied territories — deliberately undermining Nationalist fiat money and the older provincial notes still in circulation. The 1 Chiao denomination served everyday small transactions in a rural economy where metallic coinage had largely disappeared from circulation by 1940.

Year 29 refers to the Republic of China calendar, a dating convention the Japanese-backed authorities retained on notes like this — an irony that was almost certainly not lost on the people forced to use them.

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