1930's Second Sino Japanese War ( China Japan War ) Menko Card Vintage Toy : Anti China Art " Capturing Chiang Kai shek" ( Chinese Nationalist Party ) & " The ( Chinese ) Communist Party to collapse "

[ 1930's Second Sino Japanese War ( China Japan War ) Menko Card Vintage Toy : Anti China Art " Capturing Chiang Kai shek" ( Chinese Nationalist Party ) & " The ( Chinese ) Communist Party to collapse " ]

Against both Chinese Nationalist Party & Chinese Communist Party,
So, this toy must have been made in the late 1930's, after the political combine in China called  "Kuomintang-Communist collaboration"" to fight Japan together.