In…. industrial output was 50% lower than in the mid 1930’s
1949
88
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CCP nationalised heavy industry and railways
1949-51
89
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Mao signed a Treaty of Friendship with Stalin
1950
90
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Economic aid from SU: a $300m loan and the provision of 10,00 industrial advisers
1950
91
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China gave major economic concessions, in mining rights to the USSR in Manchuria + in the Western province of Xinjiang
1950’s
92
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Korean War
1950-53
93
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Khrushchev recognises that 1950 treaty was unfair
1953
94
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Khrushchev offers a better trade deal + gave up USSR’s economic control of Manchuria and Xinjiang and promised assistance in starting China;s civilian nuclear programme