A History of Modern Shanghai Banking: The Rise and Decline of China s Financial Capitalism (Studies on Modern China)

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A History of Modern Shanghai Banking: The Rise and Decline of China s Financial Capitalism (Studies on Modern China)

A ong>Historyong> ong>ofong> ong>Modernong> ong>Shanghaiong> ong>Bankingong>: ong>Theong> ong>Riseong> ong>andong> ong>Declineong> ong>ofong> ong>Chinaong> s ong>Financialong> ong>Capitalismong> (ong>Studiesong> on ong>Modernong> ong>Chinaong>) (Ji Zhaojin) As the center ong>ofong> capitalism in ong>Chinaong>, ong>Shanghaiong> banking provides a unique perspective for assessing the impact ong>ofong> the changes from financial capitalism to socialist planning banking in the early 1950s, ong>andong> for evaluating the reform ong>ofong> ong>Chinaong> s banking system since the 1980s. This book ong>ofong>fers a comprehensive history ong>ofong> ong>Shanghaiong> banking ong>andong> capital markets from 1842 to 1952, ong>andong> illustrates the non-financial elements that contributed to the revolutionary social ong>andong> financial changes since the 1950s, as well as financial experiences that are significant to ong>Chinaong> s economic development today. ong>Theong> book describes the rise ong>andong> fall ong>ofong> ong>Chinaong> s traditional native banks, the establishment ong>ofong> foreign banks, ong>andong> the creation ong>ofong> modern state banks, while focusing on the colorful world ong>ofong> banking, finance, ong>andong> international relations in modern ong>Shanghaiong>. It assesses the Chinese government s intervention in banking ong>andong> finance during the Qing dynasty ong>andong> the Republican era, as well as the concept ong>ofong> state capitalism after the establishment ong>ofong> the People s Republic. ong>Theong> author examines various modern-style Chinese banks through fascinating stories ong>ofong> ong>Shanghaiong> bankers. In addition, she provides detailed coverage ong>ofong> market-oriented international trade, banking associations, the conflicts between state ong>andong> society, the government involvement in business, the management ong>ofong> foreign exchange, joint venture banks, wartime banking ong>andong> finance, hyperinflation, corruption, ong>andong> banking nationalization.

A ong>Historyong> ong>ofong> ong>Modernong> ong>Shanghaiong>

ong>Bankingong>: ong>Theong> ong>Riseong> ong>andong> ong>Declineong> ong>ofong>

ong>Chinaong> s ong>Financialong> ong>Capitalismong>

(ong>Studiesong> on ong>Modernong> ong>Chinaong>)

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