China. 1947. Registered envelope addressed to France bearing 'Communist Conquest and Post War Inflation' SG 837, $200 on 10c green, SG 865, $800 on $30 chocolate, SG 895, $5,000 vermilion and green (pair), SG 949, $2,000 red-brown and blue, SG 958, $1,000 scarlet (2), SG 960, $3,000 blue, SG 978, $500 on $20 apple-green (3) and 'Progress of the Postal Service' SG 981, $500 carmine, SG 982, $1,000 lilac, SG 983, $1,250 green and SG 984, $1,800 blue tied by Tsingtao date stamp '8th Dec 47' with matching registration label. Very nice item of registered mail from the Communist and Inflation period.
Japan surrendered to the Allies in August 1945 and a race ensued between the Nationalists and Communists to seize control of the former Japanese Occupied areas until the Communist victory at the battle of Hwai-Hai in January 1949. During this period inflation increased rapidly until the introduction of the Silver Yuan in May 1949.