US “Return Debt” demands the Chinese government to repay debt during the Qing Dynasty → Chinese authorities claim the responsibility of the Chinese government

Americans demand China to repay debt left by Qing dynasty = American magazine Sep 02, 2019 21:31 US creditors holding bonds issued by China's Qing dynasty have asked the Trump administration to repay the debt to the Chinese authorities. The current debt size is said to be over 1 trillion dollars (about 106 trillion yen). The US magazine Bloomberg Business Week reported on August 29th. According to media reports, Jonna Bianco, who runs a ranch in Tennessee, represents a creditor organization. In August, he met with President Trump and Treasury Secretary Mnushin. Bianco pointed out that the repayment amount of the Chinese authorities would exceed $ 1 trillion, given the inflation, interest and cost of compensation. He urged the Trump administration to present the bonds left by the Qing dynasty to the Chinese side as an agenda for US-China trade talks. According to him, Chinese authorities argue that the Chinese government before 1949 is responsible for these debts. “This case contradicts the claim that the authorities are the sole successor of Chinese sovereignty,” Bianco criticized. Duke University law scholars have recognized that, "Legally, the debt left by the Qing dynasty is completely legal" The US Treasury and the Commerce Department declined to comment on the report. Until August 31, there was no response from Chinese authorities. In 1911, the Qing dynasty issued government bonds to the western countries of the United States, Britain, France, and Germany to construct the Hugong Railway connecting Hubei to Guangdong. ) ". Issuance of the bond became the beginning of the painful revolution that led to the later Hojo movement and the collapse of the Qing dynasty. US creditors have been seeking debt repayments over the past few decades. In 1979, creditors filed a lawsuit to repay the Chinese authorities. The US court summoned Huanghua, who was a foreign minister of China, as a witness. However, because the US government at that time was trying to restore relations with Chinese authorities, the Justice Department settled. In 1987, the court dismissed the plaintiff's complaint. * Some excerpts from the link below. Continue with the source https://www.epochtimes.jp/p/2019/09/46696.html document.write(” + ”); Related article document.write(” + ”);