• zephyreks@lemmy.ca
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    11 months ago

    Literally the same source you provided:

    Before 1949, the government of the Republic of China (ROC) issued a large volume of long-term sovereign gold-denominated bonds, secured by Chinese tax revenues

    Last I checked, the ROC still exists and is still China. For example, the ROC still claims the 7-dash line (the line most people acknowledge as being a Chinese claim). The ROC is still a country. Saying otherwise would suggest that the ROC and the PRC are the same… Which is something so silly not even the PRC claims as such.

    • fuck reddit
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      11 months ago

      By the PRC claiming the ROC is not legitimate, they are saying the debt belongs to mainland China. You answered your own question.