100 Yuan Bank of Shansi, Chahar, & Hopei

The Bank of Shansi, Chahar & Hopei — often rendered in contemporary sources as the Jin-Cha-Ji Bank — was the financial arm of the Jin-Cha-Ji Border Region, one of the Communist Party's primary base areas during the Second Sino-Japanese War. Notes issued under this authority circulated in a guerrilla economy, moving through territory that was simultaneously contested, occupied, and liberated depending on the week. That operational reality shaped everything about production: printing was distributed, materials were inconsistent, and quality control was secondary to supply.

By 1945, with Japanese collapse imminent, the bank issued higher denominations to absorb the inflationary pressure that had built up across the border region economy throughout the occupation years. The 100 Yuan denomination reflects that late-war monetary strain directly.