On 30 March 1940, Wang became the head of state of what came to be known as the Wang Jingwei regime (formally "the Reorganized National Government of the Republic of China") based in Nanjing, serving as the President of the Executive Yuan and Chairman of the National Government (行政院長兼國民政府主席). In November 1940, Wang's government signed the "Sino-Japanese Treaty" with the Japanese, a document that has been compared with Japan's Twenty-one Demands for its broad political, military, and economic concessions. In June 1941, Wang gave a public radio address from Tokyo in which he praised Japan and affirmed China's submission to it while criticizing the Kuomintang government, and pledged to work with the Empire of Japan to resist Communism and Western imperialism. Wang continued to orchestrate politics within his regime in concert with Chiang's international relationship with foreign powers, seizing the French Concession and the International Settlement of Shanghai in 1943, after Western nations agreed by consensus to abolish extraterritoriality.