No, the Korean peninsula is safely under the control of the Japanese Imperial Army. Except for the odd Soviet incursion. This article marks the beginning of a series of clashes between Japanese and Red Army forces that culminate with the battle of Khalkhin-Gol in August. Unfortunately for readers of this series events in Europe at the end of August knocked those in the Far East competely out of the paper.
The current readers of this series in Nanking need seriously consider their current real estate and investment markets.
I would strongly recommend a very portable folio of diverse, small, highly concentrated, highly mobile assets. 8<)
My understanding is that Hitler himself did not know the Japanese were defeated at Khalkhin-Gol, or did not understand its significance.
I've argued that this battle actually cost Hitler the entire war -- before it even started.
The reason is, Hitler's only real chance for victory was a Japanese attack on Soviet far-east forces at the time of the Battle of Moscow, in late 1941. This would have prevented Stalin from transferring those forces to Moscow for the fall counter-attack.
Instead, the Japanese decided not to tangle with Soviets again, but to attack Pearl Harbor. Meanwhile, Stalin could transfer his best forces from the far-east to Moscow.
The rest, as they say, is history...