Compromise and Confrontation:Chinese and British Railway Debt Negotiations Arising from the Huludao Port Construction
After the Allegiance to the Kuomindang in December 1928,in order to construct an independent transportation system in the Northeast China,Zhang Xueliang and the Ministry of Railways jointly formulated a plan to build a port at Huludao,using the surplus profits from the Beining Railway to finance the port construction,which aroused protests from the British.The British and Chinese conducted several rounds of negotiations over the right to use the residual profits from the railway,and the Chinese compromised for a time in order to push forward the construction of the port,but the British and Chinese Corporation was not satisfied and tried to settle the railway debt dispute once and for all.In order to achieve the stated objective of building the port,the Chinese ignored the British protests and started the construction as planned.The negotiations over the construction of the port reflect not only the interaction between foreign capital and the development of modern transportation,but also the adjustment and development of the British relations with China before the outbreak of the War of Resistance Against Japan.
railway history of ChinaHuludao portBeining RailwayNanking Government of the Republic of Chinalocal government of the Northeast Chinathe British and Chinese Corporationrailway debt