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There are many studies of the Chinese cotton textile industry for various time periods. But most of them are rather limited in the scope of inquiry, and, occasionally, their interpretations cannot stand rigorous economic reasoning. The present study is an attempt to reorganized the data, which are widely scattered in an extremely large number of Chinese historical documents and modern writings, in a systematic fashion, and to provide an economic analysis. This study covers the entire history of the industry.
Why did it take China more than a century after its defeat in the first Opium War to begin systematically acquiring the fruits of modern technology? To what extent did the rapid economic developments after 1949 depend on features unique to China and to Chinese history as well as on the socialist reorganization of society? These are the major questions examined in this collection of papers which challenges many previously accepted generalizations about the nature and extent of advances in China's economy during the twentieth century. The papers discuss the positive and negative effects of foreign imperialism on Chinese economic development, the adequacy of China's financial resources for major economic initiatives, the state of science and technology in late traditional China, the changing structure of national product and distribution of income, the cotton textile and small machine-building industries as examples of pre-1949 economic bases, the village-market town structure of rural China, the tradition of cooperative efforts in agriculture, and the influence of the Yenan period on the economic thinking of China's leaders.
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The aim of this book is to reveal, through data and the use of simple economic concepts, the mistakes that abound in the discourses surrounding the steel industry. Its main objective is to dispel, through analysis of the officially published data, the many myths that are perpetuated by the policy makers and even the industry in order to benefit a small coterie of large firms and how through such favours the Indian steel industry is all set to lose out in terms of margins, products and growth in technology.
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