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Explores how foreign banks financially connected modern China to international capital markets and the global economy.
"A history of the globalization of US banking in the early twentieth century"--
To convey modern China’s history and the forces driving its economic success, rail has no equal. From warlordism to Cultural Revolution, railroads suffered the country’s ills but persisted because they were exemplary institutions. Elisabeth Köll shows why they remain essential to the PRC’s technocratic economic model for China’s future.
German merchants were attracted to the British Empire’s spheres of influence in northeast Asia from the 1700s. Their numbers increased when Britain established a network of treaty ports in China from 1842 and in Japan from 1858. A latecomer to empire, Germany, unified only in 1871, extended its imperial influence in China in 1898. This is the story of two German merchants, Carl Nickel and his relative and successor Christian Holstein, ancestors of the author’s husband, as they built their company, C. Nickel & Co. Ltd. in Kobe into their own waterfront empire contributing to the growth and modernization of the port. This is the story of how they operated in treaty port Japan where the Japanese government could be anti-foreign and obstructionist, partnering with or in opposition to British colleagues presenting new challenges as Holstein navigated World War One and its aftermath until 1923.
Climate change is the greatest market failure in world history and thus the most urgent challenge in the world of business for the foreseeable future. This book brings together experts to shed light on the historical impact of business on climate change and of climate change on business. The book shows how corporate responses to climate change emerged out of earlier environmental concerns, regulatory frameworks, and in many cases already established business strategies. Contributors to the book analyse the evolution of business strategies to navigate environmental challenges even before climate crisis was widely recognised as an urgent concern. The historical insights presented by this book will be essential reading for business historians, as well as students, scholars, and reflective practitioners with an interest in the environment, political economy, business strategy, and risk management.
This edited volume explores how German companies managed security challenges in Asia from the late 19th to the late 20th century. Through case studies in Japan, China, India, Malaysia, and Southeast Asia, it examines how firms in sectors like pharmaceuticals, electronics, banking, and trade adapted to colonial legacies, decolonization, and Cold War tensions. The book adopts a security- focused framework that goes beyond standard risk analysis, highlighting how businesses responded to political instability, cultural differences, and regulatory shifts. Drawing from rarely used German and Asian archives, contributors uncover the strategies companies used to maintain stability in uncertain envir...
Smuggling along the Chinese coast has been a thorn in the side of many regimes. From opium and weapons concealed aboard foreign steamships in the Qing dynasty to nylon stockings and wristwatches trafficked in the People’s Republic, contests between state and smuggler have exerted a surprising but crucial influence on the political economy of modern China. Seeking to consolidate domestic authority and confront foreign challenges, states introduced tighter regulations, higher taxes, and harsher enforcement. These interventions sparked widespread defiance, triggering further coercive measures. Smuggling simultaneously threatened the state’s power while inviting repression that strengthened ...
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