History of the Republic of China
On the other hand, since the failure of the Second Revolution, Sun Yat-sen and his allies were trying to rebuild the revolutionary movement. In July 1914 Sun established the Chinese Revolutionary Party (). He felt that his failures at building a consistent revolutionary movement stemmed from the lack of cohesiveness among its members. To that end, Sun required that party members to be totally loyal to Sun and follow a series of rather harsh rules. Some of his earlier associates, including Huang Xing, balked at the idea of such authoritarian organization and refused to join Sun. However, they agreed that the republic must not revert to imperial rule.
Economic history of China (1912–49)
After the fall of the Qing Dynasty in 1912, China underwent a period of instability and disrupted economic activity. During the Nanjing decade (1927–1937), China advanced in a number of industrial sectors, in particular those related to the military, in an effort to catch up with the west and prepare for war with Japan. The Second Sino-Japanese War (1937–1945) and the following Chinese civil war caused the retreat of the Republic of China and formation of the People's Republic of China.