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| Bombing of Shanghai Kai-Shek, Chiang | |
| Shanghai The Japanese bomb the Chinese quarter of the city |
| Invasion of China Saito, Makoto | |
| 23rd Feb Japan occupies all of China north of the Great Wall |
| Invasion of Hebei Kai-Shek, Chiang | |
| Hebei The Japanese army invades Hebei |
| Mobilization Chen, Yun | |
| Jiangxi Joins Mao Tsetung & the Red Army in their mountain base in Jiangxi Province |
| Peking Council Kai-Shek, Chiang | |
| Peking A buffer state is set up under the Peking Political Council |
| Politburo Tse-Tung, Mao | |
| Appointed Member of the Politburo |
| Rebellion Kai-Shek, Chiang | |
| Fujian Nationalists in Fjuian province rebel against Kai-Shek, it collapses after 2 months |
| Reform of Currency Kai-Shek, Chiang | |
| The British under Frederick Leith-Ross reform China's currency |
| Rule of Jehol Saito, Makoto | |
| Jehol Jehol Province is absorbed into Manchukuo |
| Rule of Mongolia Saito, Makoto | |
| Feb China signs a treaty recognizing Japan's control of Inner Mongolia |
| Siege of Hebei Kai-Shek, Chiang | |
| Hebei The Japanese army invades Hebei |
| Siege of Shanghai Kai-Shek, Chiang | |
| Shanghai General Ueda issues an ultimatum for his troops to enter Shanghai, it is rejected |
| 3rd Mar Shanghai A truce is signed between Japan & China & fighting in Shanghai ceases |
| May Shanghai The Japanese withdraw from Shanghai |