Hjalmar Schacht
Hitler, Hermann Göring and Hjalmar Schacht bestowed upon Kung an honorary degree, and attempted to open China's market to German exports. Hitler, Göring, and Schacht earmarked for Chinese students 100,000 reichsmarks for studying in Germany after they persuaded an industrialist to set aside the money for that purpose. Kung, in favor of commercial credits, refused an international loan offer by Hitler.