The Myth of the China Market During the Great Depression, 1929-1937 PDF Download

Author: Frederick Bernard Hoyt
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 358

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Author: James J. Lorence
Publisher:
ISBN:
Category : China
Languages : en
Pages : 120

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Held at Philadelphia for promoting useful knowledge.

Author: Tomoko Shiroyama
Publisher: BRILL
ISBN: 1684174651
Category : History
Languages : en
Pages : 358

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Book Description
"The Great Depression was a global phenomenon: every economy linked to international financial and commodity markets suffered. The aim of this book is not merely to show that China could not escape the consequences of drastic declines in financial flows and trade but also to offer a new perspective for understanding modern Chinese history. The Great Depression was a watershed in modern China. China was the only country on the silver standard in an international monetary system dominated by the gold standard. Fluctuations in international silver prices undermined China’s monetary system and destabilized its economy. In response to severe deflation, the state shifted its position toward the market from laissez-faire to committed intervention. Establishing a new monetary system, with a different foreign-exchange standard, required deliberate government management; ultimately the process of economic recovery and monetary change politicized the entire Chinese economy. By analyzing the impact of the slump and the process of recovery, this book examines the transformation of state–market relations in light of the linkages between the Chinese and the world economy."

Author: Richard F. Hamilton
Publisher: Routledge
ISBN: 1351532170
Category : History
Languages : en
Pages : 349

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In this volume, Hamilton deals with some of the antecedents and the outcome of the Spanish-American war, specifically, the acquisition of an American empire. It critiques the "progressive" view of those events, questioning the notion that businessmen (and compliant politicians) aggressively sought new markets, particularly those of Asia. Hamilton shows that United States' exports continued to go, predominantly, to the major European nations. The progressive tradition has focused on empire, specifically on the Philippines depicted as a stepping stone to the China market. Hamilton shows that the Asian market remained minuscule in the following decades, and that other historical works have neglected the most important change in the nation's trade pattern, the growth of the Canada market, which two decades after the 1898 war, became the United States' largest foreign market.The book begins with a review and criticism of the basic assumptions of the progressive framework. These are, first, that the nation is ruled by big business (political leaders being compliant co-workers). Second, that those businessmen are zealous profit seekers. And third, that they are well-informed rational decision-makers. A further underlying assumption is that the economy was not functioning well in the 1890s and that a need for new markets was recognized as an urgent necessity, so that big business, accordingly, demanded world power and empire. Each of these assumptions, pivotal elements in the dominant progressive tradition in historical writing, is challenged, with an alternative viewpoint presented.Hamilton presents a different, more complex view of the events following the Spanish-American War. The class-dominance theory is not supported. The alternative argued here, elitism, proves appropriate and more useful. This review and assessment of arguments about American expansion in the 1890s adds much to the literature of the period.

Author: Dong Wang
Publisher: Rowman & Littlefield
ISBN: 1538149397
Category : History
Languages : en
Pages : 417

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Now fully revised and updated, The United States and China offers a comprehensive synthesis of US-Chinese relations from initial contact to the present. Balancing the modern (1784–1949) and contemporary (1949–present) periods, Dong Wang retraces centuries of interaction between two of the world’s great powers from the perspective of both sides. She examines state-to-state diplomacy, as well as economic, social, military, religious, and cultural interplay within varying national and international contexts. As China itself continues to grow in global importance, so too does the US-Chinese relationship, and this book provides an essential grounding for understanding its past, present, and possible futures.

Author:
Publisher: PediaPress
ISBN:
Category :
Languages : en
Pages : 691

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Author: Frederick Bernard Hoyt
Publisher:
ISBN:
Category : Americans
Languages : en
Pages : 586

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Author: Eric Helleiner
Publisher: Cornell University Press
ISBN: 0801454662
Category : Political Science
Languages : en
Pages : 289

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Book Description
As an economic superpower, China has become an increasingly important player in the international monetary system. Its foreign exchange reserves are the largest in the world and its exchange rate policy has become a major subject of international economic diplomacy. The internationalization of the renminbi (RMB) raises critical questions in international policy circles: What kinds of power is China acquiring in international monetary relations? What are the priorities of the Chinese government? What explains its preferences? In The Great Wall of Money, a distinguished group of contributors addresses these questions from distinct perspectives, revealing the extent to which China’s choices, and global monetary affairs, will be shaped by internal political factors and affect world politics. The RMB is a likely competitor for the dollar in the next couple of decades; its emergence as an important international currency would have substantial effects on the balance of power between the United States and China. By illuminating the politics of China’s international monetary relations, this book provides a timely account of the global economy, the role of the renminbi in international relations, and the trajectory of China’s continuing ascendency in the coming decades.

Author: James J. Lorence
Publisher:
ISBN:
Category : China
Languages : en
Pages : 466

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Author: Hubert Bonin
Publisher: Routledge
ISBN: 0429555628
Category : Business & Economics
Languages : en
Pages : 215

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Many books have addressed the economic and financial history of Hong Kong, and the imperialist conflicts in the key Chinese port-cities but very few books have explored French initiatives and performance in this area, beyond diplomacy, geopolitics or cultural issues. In this book, Hubert Bonin confronts arguments about "the great divergence", "the first globalisation", and forms of "economic patriotism". He gauges the competitive edge of French companies and banks, their struggle with British domination (HBSC, Chartered, shipping, trade houses/hongs) and their resistance against competitors from other countries (Japan, Germany, Netherlands, Belgium, USA, or Russia). The book delves into studies of management abroad, therefore mixing broad geo-economic issues with precise business history and deep banking history. The connections between French interests in China and Hong Kong and the colony of Indochina are established too. A second part of the book is dedicated to the case study of Hong Kong, as the British colony acted as a hub for Asian and European interests at the heart of connections with mainland China and some neighbouring territories (Indochina, etc.). This is essential reading for academics interested in banking and business history, the history of entrepreneurship, as well as, those involved in the contemporary history of China and Hong Kong, in the assessment of world-wide geo-economic competition between European powers in Asia (Great-Britain, and France), and in the first stages of economic "modernity", along European models, in emerging modern China.