The consolidation of various militias into the Republican Army had started in December 1936. The main Nationalist advance to cross the Jarama and cut the supply to Madrid by the Valencia road, termed the Battle of Jarama, led to heavy casualties (6,000–20,000) on both sides. The operation's main objective was not met, though Nationalists gained a modest amount of territory.
While NationsBank was the nominal survivor, the merged bank took the better-known name of Bank of America. Hence, the holding company was renamed Bank of America Corporation, while NationsBank, N.A. merged with Bank of America NT&SA to form Bank of America, N.A. as the remaining legal bank entity. The combined bank operates under Federal Charter 13044, which was granted to Giannini's Bank of Italy on March 1, 1927.
Interested in operating to the Caribbean, Trippe created the Aviation Corporation of the Americas. Based in Florida, the company would evolve into the unofficial United States flag carrier, Pan American Airways, commonly known as Pan Am.
On April 7, Chiang and several other KMT leaders held a meeting, during which they proposed that Communist activities were socially and economically disruptive and had to be undone for the Nationalist revolution to proceed.
Wong continued to be assigned supporting roles. Hollywood's Asian female characters tended toward two stereotypical poles: the naïve and self-sacrificing "Butterfly" and the sly and deceitful "Dragon Lady". In Old San Francisco (1927), directed by Alan Crosland for Warner Brothers, Wong played a "Dragon Lady", a gangster's daughter.
The CPC founded the Workers' and Peasants' Red Army of China, better known as the "Red Army", to battle Chiang. A battalion led by General Zhu De was ordered to take the city of Nanchang on August 1, 1927, in what became known as the Nanchang Uprising.
A CPC (Communist Party of China) meeting on August 7 confirmed the objective of the party was to seize the political power by force, but the CPC was quickly suppressed the next day on August 8 by the Nationalist government in Wuhan led by Wang Jingwei.
On August 14, Chiang Kai-shek announced his temporary retirement, as the Wuhan faction and Nanjing faction of the Kuomintang were allied once again with common goal of suppressing the Communist Party after the earlier split.
On August 4, the main forces of the Red Army left Nanchang and headed southwards for an assault on Guangdong. Nationalist forces quickly reoccupied Nanchang while the remaining members of the CPC in Nanchang went into hiding.
Mao was appointed commander-in-chief of the Red Army and led four regiments against Changsha in the Autumn Harvest Uprising, in the hope of sparking peasant uprisings across Hunan. On the eve of the attack, Mao composed a poem—the earliest of his to survive—titled "Changsha". His plan was to attack the KMT-held city from three directions on September 9, but the Fourth Regiment deserted to the KMT cause, attacking the Third Regiment. Mao's army made it to Changsha, but could not take it; by September 15, he accepted defeat and with 1000 survivors marched east to the Jinggang Mountains of Jiangxi.
The Attorney General, John Sargent, received a petition with 70,000 signatures urging for Garvey's release. Sargeant warned President Calvin Coolidge that African-Americans were regarding Garvey's imprisonment not as a form of justice against a man who had swindled them but as "an act of oppression of the race in their efforts in the direction of race progress". Eventually, Coolidge agreed to commute the sentence so that it would expire immediately, on 18 November 1927. He stipulated, however, that Garvey should be deported straight after release.
On being released, Garvey was taken by train to New Orleans, where around a thousand supporters saw him onto the SS Saramaca on 3 December. The ship then stopped at Cristóbal in Panama, where supporters again greeted him, but where the authorities refused his request to disembark. He then transferred to the SS Santa Maria, which took him to Kingston.
On December 16, Wang Jingwei fled to France. There were now three capitals in China: the internationally recognized republic capital in Beijing, the CPC and left-wing KMT (Kuomintang) at Wuhan and the right-wing KMT regime at Nanjing, which would remain the KMT capital for the next decade.