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200 Yuan Tung Pei Bank of China
| Issuer | Tung Pei Bank of China (東北銀行) |
|---|---|
| Year | 1947 |
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| Reference(s) | P#S3751 |
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|---|---|
| Obverse lettering | 東北銀行 貳佰圓 流通券 地方 NO.AD |
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| Reverse lettering | TUNG PEI BANK OF CHINA TWO HUNDREDS YUAN 200 |
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| Comments |
The Tung Pei Bank of China — the Northeast Bank — was established by the Chinese Communist Party in Manchuria following the Soviet withdrawal from the region in 1946, issuing currency to finance military operations against Nationalist forces during the civil war. The 1947 series came at a critical point: the PLA was consolidating control over Manchuria ahead of what would become a decisive theater of the broader conflict.
Inflation ran aggressively through Communist-administered northeast China during this period, and high-denomination notes like this 200 Yuan were a practical necessity rather than an aspirational issue. The bank was absorbed into the People's Bank of China system by 1948.