For a class, I'm reading The Chinese People at War: Human Suffering and Social Transformation, 1937-1945 by Diana Lary. One of the points that the author makes is that by 1944/5, the economy in Nationalist-controlled China was falling apart thanks to rampant inflation caused by government policies. The KMT government, needing enormous amounts of money to fight a war and cut off from China's most developed and prosperous provinces, were forced to rely on printing money to fund the war, with disastrous consequences by 1944

But at the same time, the author also talks about how the areas under Communist control were in far better shape, without the severe economic issues that plagued both occupied and KMT-governed China. At the same time, the CCP's military grew exponentially during the war, in both size, equipment level, and training

This begs the question - if the KMT had to resort to inflation to pay for the war effort, with ruinous consequences, how did the CCP pay for their war effort and avoid hyperinflation and economic ruin?