Skip to content
Register Sign in Wishlist
Look Inside Banking in Modern China

Banking in Modern China
Entrepreneurs, Professional Managers, and the Development of Chinese Banks, 1897–1937

£41.99

Part of Cambridge Modern China Series

  • Author: Linsun Cheng, University of Massachusetts, Dartmouth
  • Date Published: January 2007
  • availability: Available
  • format: Paperback
  • isbn: 9780521032766

£ 41.99
Paperback

Add to cart Add to wishlist

Other available formats:
Hardback


Looking for an inspection copy?

This title is not currently available on inspection

Description
Product filter button
Description
Contents
Resources
Courses
About the Authors
  • 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.

    • The first English-language book on the subject
    • Provides an approach to a controversial issue
    • Supported by a wealth of original documents
    Read more

    Reviews & endorsements

    '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

    'This is the first comprehensive and detailed history of China's modern banking written in the past sixty years and the only one ever solidly based on the banks' own records. Professor Cheng has attacked the long-standing thesis that China's modern banks were mere tools for government financing. In his characterization, modern Chinese bankers became nothing less than full-fledged professionals - 'entrepreneurs with Chinese characteristics' - and they transformed Shanghai's entire financial market. His Shanghai-centred approach will undoubtedly stimulate research on banking in other cities and towns, and his extraordinary command of Chinese archival sources has set an exalted standard by which to judge all future work on the history of banks and other businesses.' Sherman Cochran, Cornell University

    'Until this book, interpretation of why modern banks were among the most successful economic institutions in early-twentieth-century China have rested on sparse information. This comprehensive study examines the banks' role in the economy, their relation to the government debt, the process of acculturating Western business and management practices, and the question of Chinese entrepreneurship. It attributes the modern banks' ability to grow in an unstable political and economic environment to innovative business practices and sound professional management and rejects the argument attributing their success to twentieth-century Chinese economic and business history as well as a significant contribution to the general field of banking history.' Andrea McElderry, University of Louisville

    '… stimulating and essential reading …' The Economic History Review

    '… Cheng offers a concise and yet detailed survey of the transition from traditional to modern banking institutions … Scholars interested in Chinese financial, economic, and business history will gain valuable insights from this study that rehabilitates the achievements of the Chinese modern banking sector before the Japanese invasion.' Journal of the China Quarterly

    'A product of meticulous research using primary Chinese and English language sources, Cheng's study makes a significant contribution to our understanding of the rise of banking in modern China.' Enterprise and Society

    See more reviews

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity

    ×

    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?

    ×

    Product details

    • Date Published: January 2007
    • format: Paperback
    • isbn: 9780521032766
    • length: 296 pages
    • dimensions: 228 x 152 x 20 mm
    • weight: 0.447kg
    • contains: 16 b/w illus. 43 tables
    • availability: Available
  • 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.

  • Author

    Linsun Cheng, University of Massachusetts, Dartmouth

Sign In

Please sign in to access your account

Cancel

Not already registered? Create an account now. ×

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email lecturers@cambridge.org

Register Sign in
Please note that this file is password protected. You will be asked to input your password on the next screen.

» Proceed

You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Continue ×

Find content that relates to you

Join us online

This site uses cookies to improve your experience. Read more Close

Are you sure you want to delete your account?

This cannot be undone.

Cancel

Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

×
Please fill in the required fields in your feedback submission.
×