Banking in Modern China
Entrepreneurs, Professional Managers, and the Development of Chinese Banks, 1897-1937
Series: Cambridge Modern China Series;
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Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
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Product details:
- Publisher Cambridge University Press
- Date of Publication 6 March 2003
- ISBN 9780521811422
- Binding Hardback
- No. of pages294 pages
- Size 229x152x21 mm
- Weight 600 g
- Language English
- Illustrations 16 b/w illus. 43 tables 0
Categories
Short description:
This book documents the evolution of modern Chinese banking between 1897 and 1937.
MoreLong description:
This book documents the evolution of modern Chinese banking, from the establishment in 1897 of the first Chinese bank along a Western model, to the abrupt interruption of professional banking by the Japanese invasion in 1937. Drawing from original documents of major Chinese banks, Linsun Cheng explains how and why the banks were able, despite a succession of foreign and domestic crises, to grow into viable and self-sustaining institutions in China. Rich with historical detail, this book offers a comprehensive narrative of the origins and growth of professional banks. This book provides a critical part in the literature on China's economic history and modernization in the pre-war period. Cheng also recounts early experiences with Chinese banking reform that resonate today as useful lessons to Chinese policymakers assessing options for financial reform.
'Linsun Cheng's Banking in Modern China is certainly the best study of modern Chinese banking to appear in English. With unprecedented access to archival sources in China, and thorough use of sources in the West including the Columbia University oral histories, Cheng's work is definitive. ... At a time when China faces a major crisis in reforming its banking system, this work is essential reading for students of modern Chinese history and political economy.' Parks Coble, University of Nebraska
Table of Contents:
List of tables and figures; Acknowledgements; Introduction; 1. The coming of a new force (1897-1911); 2. Expansion, concentration and privatization (1912-27); 3. The 'golden age' and its sudden end (1927-37); 4. Government debts and modern banks; 5. Traditions and innovations I; 6. Traditions and innovations II; 7. Modern enterprises, professional managers and the entrepreneurs with Chinese characteristics; 8. Conclusion; Appendixes; Glossary; Bibliography; Index.
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