This is a badge promoting Mao Tse-Tung, who is credited with founding the Peoples Republic of China, founding the school of thought known as "Maoism", and leading the Communist Party of China in victory over the corrupt nationalist warlord Chaing Kai-shek in the Chinese Civil War. until his death in 1976, he was considered the guiding voice of Chinese politics. 

this badge is 1.25" x 0.5" and enameled on silver metal. I can not read the Chinese characters, but it features Mao over a naval ship crossing waves on the obverse. 

700/B19

Shipping Policy: "Free" is shipped as a letter without tracking or insurance "USPS First Class" Domestic postage includes tracking number. "USPS Priority" is expedited shipping. "Int'l Letter" shipped as a letter, usually with tracking. "USPS First Class International" includes tracking. For combined postage, i ask the full shipping price for the first badge or medal , and then an extra $0.50 for each item after (with extra discounts to orders of 6 badges/medals or more). If you purchase several items, please wait for me to send you an invoice with adjusted postage before paying. If eBay will not allow you to request a total, I will refund overages after paying.   ALWAYS SHIPS FROM USA. 

Thank you for your interest in history and Socialism.