Report, Summary of United States Government Economic and Military Aid Authorized for China Since 1937

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Chenia SUMMARY OF UNITED STATES GOVERNMENT ECONOMIC AND MILITARY AID AUTHORIZED FOR CHINA SINCE 1937 Since the commencement of hostilities between China and Japan in 1937, the United States Government has authorized aid to China in the form of grants and credits totalling approximately $3,523,000,000. Of this amount, $2,422,000,000 has been in the form of grants and $1,101,000,000 has been as credits. Aid from 1937 to V-J Day About 40 percent of the total, or $1,515,700,000 was author- ized prior to V-J Day to assist the Chinese Government in the war against Japan and to contribute to the stabilization of China's war- time economy. The various measures of U.S. Government aid authorized for China from 1937 to V-J Day are listed in Table A. (A brief description of each measure is contained in Appendix A.) Table A U. S. Government Aid to China from 1937 to V-J Day (In millions of U.S. Dollars) Grants Credits ECONOMIC AID 1. Export-Import Bank Credits Authorized $120. 2. Stabilization fund agreement, 1941 SERVICE the 50. 3. 1942 Treasury Credit (PL 442) 500, BOVER $670. TOTAL ECONOMIC AID $670 MILITARY AID 4. Lend-Lease $825.7 20. TOTAL MILITARY AID $845.7 TOTALS OF GRANTS AND CREDITS $825.7 $690 TOTAL PRE V-J DAY AID $1,515.7