By early 1949, Chiang Kai Shek's Kuomintang is falling apart. Hundreds of thousands of Nationalist troops surrender as city after city fall to Mao Zedong. Beijing falls without a fight and the Communists cross the Yangtze. Chiang's final plan is escape and he moves tons of gold and his best troops to Taiwan. Meanwhile, Mao declares victory and the birth of the People’s Republic of China.