In 1935, the Nationalist government forced the implementation of fiat currency and stopped the use of currency such as silver dollars, military vouchers, and gold coupons in preparation for long-term military and economic preparations, in preparation for resisting the Japanese invasion of China. In response, the Japanese military secretly manufactured a large number of counterfeit fiat currency in Harbin, disrupting financial and trade order. The Japanese military called the "Black Cat Plan"
In 1935, the Nationalist government forced the implementation of fiat currency and stopped the use of currency such as silver dollars, military vouchers, and gold coupons in preparation for long-term military and economic preparations, in preparation for resisting the Japanese invasion of China. In response, the Japanese military secretly manufactured a large number of counterfeit fiat currency in Harbin, disrupting financial and trade order. The Japanese military called the "Black Cat Plan"