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This volume, first published in 1995, looks at the development of Chinese business and management practices across Asia from the late nineteenth century. Experts examine how familism and informal networks have contributed to Chinese entrepreneurial success. They demonstrate how effective these factors have been in overcoming restrictive state policies: through alliances with ethnic and international traders and connections between financial networks in Hong Kong, South East Asia, China and Australia. An institutional model of analysis is developed to determine the efficacy of Chinese business practices and structures. The relationship between culture and environment is examined as well as how modern institutions are embedded not only in culture but also in history and economics.
In recent years the phenomenal rise of the economies of China and India has led to a proliferation of academic studies. Much of the focus has been on economic performance, development strategies and the comparative advantage of the two economies. A comparative study of business as an agent of change has been lacking This volume brings together articles by leading scholars in the field of Chinese and Indian business who offer fresh perspectives on the historical antecedents of business in the two economies.
Modern bank insurance is traced to its roots in The Chinese Cornerstone of Modern Banking: The Canton Guaranty System and the Origins of Bank Deposit Insurance 1780-1933. Frederic Delano Grant, Jr. provides new understandings of the Canton System, collective responsibility for debt at Canton, and the history of deposit insurance. The Canton Guaranty System inspired radical reform in New York in 1829 – the ancestor of all modern deposit insurance. Yet it was never the success imagined, and soon failed. In the Opium War, the Chinese government as implicit guarantor was forced to pay its debts in full on 23 July 1843. The afflictions of the Chinese system, including moral hazard, too big to fail, and unenforced laws, remain familiar today.
With massive growth taking place in the real estate industry, how can China develop a free market and private ownership of land while still officially subscribing to Communist ideology? This study uses fieldwork interviews to establish how the Chinese real estate market operates in practice from both legal and business perspectives. It describes how the market functions, which laws are applicable and how they are applied, and how a nation can achieve dramatic economic growth so rapidly while its legal system is so unsettled. The book demonstrates how China is drawing on the world for ideas while retaining a domestic system that remains essentially Chinese, and how the recent revitalization of China's real estate market has confounded the predictions of many developments economists.
Made in Chinatown delves into a little-known aspect of Australia’s past: its hundreds of Chinese furniture factories. These businesses thrived in the post-goldrush era, becoming an important economic activity for Chinese immigrants and their descendants and a vital part of Australia’s furniture industry. Yet, owing to an exclusionary vision for Australia as a bastion of ‘white’ industry and labour, these factories were targeted by anti-Chinese political campaigns and legislative restrictions. Guided by Chinese manufacturers’ and workers’ own reflections and records, this book examines how these factories operated under the exclusionary vision of White Australia. Historian Peter G...
Through a study of the readership of the most popular commercial daily newspaper in China during the early twentieth century, Reading Shenbao investigates ideas of nationalism, consumerism and individuality, looking at the relationship between advertising, modern lifestyles and changing social attitudes in China as it underwent modernization.
How can capitalists' motivations during a Communist revolution be reliably documented and fully understood? Up to now, the answer to this question has generally eluded scholars who, for lack of nonofficial sources, have fallen back on Communist governments' official explanations. But the essays in this volume confirm that, at least in the case of the Communist revolution in China, it is finally possible to make new and fresh interpretations. By focusing closely on individuals and probing deeply into their thinking and experience, the authors of these essays have discovered a wide range of reasons for why Chinese capitalists did or did not choose to live and work under communism. The contributors to this volume have all concentrated on the dilemma for capitalists in China's Communist revolution. But their approach to their subject through archival research and rigorous analysis may also serve as a guide for future thinking about a variety of other historical figures. This approach is well worth adopting to explain how any members of society (not only capitalists) have resolved comparable dilemmas in all revolutions—the ones in China, Russia, Vietnam, Cuba, or anywhere else.
For nearly four hundred years the Changlu salt merchants played a leading role in the urbanization, commercial development, and social change of the city of Tianjin. As early as the fifteenth century, this small yet important group of citizens negotiated with the state as revenue-farmers, developing and defending their businesses and customs while evolving their own urban culture. In this the first detailed study in English of the mercantile activities and social role of Tianjin's salt merchants, Kwan Man Bun reveals how they helped stabilize the city and assumed many civic responsibilities, providing relief, charities, and other services to their fellow citizenry. Although these developments resemble the emergence of an idealized "public sphere" as in Europe, Kwan makes clear that Tianjin's social changes were not grounded on "rational discourse" but rather drew their strength and continuity from merchant networks based on exclusivity, wealth, education, and kinship.
Explores China's most famous women warriors and wartime spies, shedding new light on the relationship between gender and militarisation.
When, how, and why did the state enterprise system of modern China take shape? The conventional argument is that China borrowed its economic system and development strategy wholesale from the Soviet Union in the 1950s. In an important new interpretation, Bian shows instead that the basic institutional arrangement of state-owned enterprise--bureaucratic governance, management and incentive mechanisms, and the provision of social services and welfare--developed in China during the war years 1937-1945.