The new National government in Nanjing begins.  For most of its existence it was led by Chiang Kai-Shek and his Guomindang cadre.  Many parts of China were united for the first time since 1916.  It was an uneasy unity facing many challenges both immediately and in the future. 

Chiang Kai-Shek would eventually emerge as an autocratic, powerful, and dynamic leader.  He would face great challenges.  Some of those were economic and political as well as from Japan, warlords, and the Chinese Communist Party.