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Author: Meike von Brescius
Publisher: Library of Economic History
ISBN: 9789004369146
Category : History
Languages : en
Pages : 276
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Book Description
"This book examines the European commercial landscape of the early China trade, c.1700-1750. It looks at the foundational period of Sino-European commerce and explores a world of private enterprise beneath the surface of the official East India Company structures. Using rich private trade records, it analyses the making of pan-European markets, distribution networks and patterns of investment that together reveal a new geography of a trading system previously studied mostly at Canton. By considering the interloping activities of British-born merchants working for the smaller East India Companies, the book uncovers the commercial practices and cross-Company collaborations, both legal and illicit, that sustained the growth of the China trade: smuggling, wholesale trading, private commissions and the manipulation of Company auctions"--
Author: Meike von Brescius
Publisher: Library of Economic History
ISBN: 9789004369146
Category : History
Languages : en
Pages : 276
Get Book
Book Description
"This book examines the European commercial landscape of the early China trade, c.1700-1750. It looks at the foundational period of Sino-European commerce and explores a world of private enterprise beneath the surface of the official East India Company structures. Using rich private trade records, it analyses the making of pan-European markets, distribution networks and patterns of investment that together reveal a new geography of a trading system previously studied mostly at Canton. By considering the interloping activities of British-born merchants working for the smaller East India Companies, the book uncovers the commercial practices and cross-Company collaborations, both legal and illicit, that sustained the growth of the China trade: smuggling, wholesale trading, private commissions and the manipulation of Company auctions"--
Author: Shunfeng Song
Publisher:
ISBN: 9781315553511
Category : China
Languages : en
Pages :
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Book Description
Author: Professor Shuanglin Lin
Publisher: Ashgate Publishing, Ltd.
ISBN: 1409487504
Category : Business & Economics
Languages : en
Pages : 303
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Book Description
The re-emergence of private enterprises is one of the most important factors in China's recent economic development. They will play a key role in maintaining China's high growth rate and honouring its commitments to the WTO. Despite this they face obstacles to growth, including borrowing restrictions, high taxes, ineffective legal protection and lack of technical and information support. The authors in this book discuss these obstacles and propose measures for improving private enterprise development. They consider how private enterprises can help China mitigate its macroeconomic problems, such as unemployment, income inequality, financial disintermediation and cyclical boom and bust. Finally they examine the lessons to be learnt from other countries in promoting privatization.
Author: Nicholas R. Lardy
Publisher: Peterson Institute for International Economics
ISBN: 0881326933
Category : Business & Economics
Languages : en
Pages : 154
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Book Description
China's transition to a market economy has propelled its remarkable economic growth since the late 1970s. In this book, Nicholas R. Lardy, one of the world's foremost experts on the Chinese economy, traces the increasing role of market forces and refutes the widely advanced argument that Chinese economic progress rests on the government's control of the economy's "commanding heights." In another challenge to conventional wisdom, Lardy finds little evidence that the decade of the leadership of former President Hu Jintao and Premier Wen Jiabao (2003–13) dramatically increased the role and importance of state-owned firms, as many people argue. This book offers powerfully persuasive evidence that the major sources of China's growth in the future will be similarly market rather than state-driven, with private firms providing the major source of economic growth, the sole source of job creation, and the major contributor to China's still growing role as a global trader. Lardy does, however, call on China to deregulate and increase competition in those portions of the economy where state firms remain protected, especially in energy and finance.
Author: Meike von Brescius
Publisher: BRILL
ISBN: 9004504745
Category : History
Languages : en
Pages : 275
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Book Description
The open access publication of this book has been published with the support of the Swiss National Science Foundation. This book examines the European commercial landscape of the early China trade, c.1700–1750. It looks at the foundational period of Sino-European commerce and explores a world of private enterprise beneath the surface of the official East India Company structures. Using rich private trade records, it analyses the making of pan-European markets, distribution networks and patterns of investment that together reveal a new geography of a trading system previously studied mostly at Canton. By considering the interloping activities of British-born merchants working for the smaller East India Companies, the book uncovers the commercial practices and cross-Company collaborations, both legal and illicit, that sustained the growth of the China trade: smuggling, wholesale trading, private commissions and the manipulation of Company auctions.
Author: Ross Garnaut
Publisher:
ISBN:
Category : China
Languages : en
Pages : 180
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Book Description
Analysis of the Chinese economy, which is currently undergoing a profound institutional transformation. State-owned enterprises are currently being restructured based on market conditions in which private firms are now being permitted to play a more important role. Analyses the nature and dynamics of private sector reform within the Chinese economy and also gives recommendations for policies supporting opportunities for growth and investment. Includes references and index.
Author: Nicholas R Lardy
Publisher: Columbia University Press
ISBN: 0881326941
Category : Political Science
Languages : en
Pages : 186
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Book Description
China's transition to a market economy has propelled its remarkable economic growth since the late 1970s. In this book, Nicholas R. Lardy, one of the world's foremost experts on the Chinese economy, traces the increasing role of market forces and refutes the widely advanced argument that Chinese economic progress rests on the government's control of the economy's "commanding heights." In another challenge to conventional wisdom, Lardy finds little evidence that the decade of the leadership of former President Hu Jintao and Premier Wen Jiabao (2003–13) dramatically increased the role and importance of state-owned firms, as many people argue. This book offers powerfully persuasive evidence that the major sources of China's growth in the future will be similarly market rather than state-driven, with private firms providing the major source of economic growth, the sole source of job creation, and the major contributor to China's still growing role as a global trader. Lardy does, however, call on China to deregulate and increase competition in those portions of the economy where state firms remain protected, especially in energy and finance.
Author: Nicholas R. Lardy
Publisher: Peterson Institute for International Economics
ISBN: 0881327387
Category : Business & Economics
Languages : en
Pages : 258
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Book Description
China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.
Author: Susan Young
Publisher: Routledge
ISBN: 1317462106
Category : Political Science
Languages : en
Pages : 200
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Book Description
Based on Party and state documents, Chinese newspaper reports and surveys, the Chinese and Western scholarly literature and the author's own fieldwork, this important study examines the private sector as a case study of the mechanics of reform in China, emphasizing the relationships among local officials, private businesses, and central policy. The book traces the growth of private business in China since 1978 and focuses on the interaction between private sector policy and other reforms and examines how this has affected China's political economy.
Author: Paul A. Van Dyke
Publisher: Hong Kong University Press
ISBN: 9888390937
Category : History
Languages : en
Pages : 208
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Book Description
It is not often recognized that China was one of the few places in the early modern world where all merchants had equal access to the market. This study shows that private traders, regardless of the volume of their trade, were granted the same privileges in Canton as the large East India companies. All of these companies relied, to some extent, on private capital to finance their operations. Without the investments from individuals, the trade with China would have been greatly hindered. Competitors, large and small, traded alongside each other while enemies traded alongside enemies. Buddhists, Muslims, Catholics, Protestants, Parsees, Armenians, Hindus, and others lived and worked within the small area in the western suburbs of Canton designated for foreigners. Cantonese shopkeepers were not allowed to discriminate against any foreign traders. In fact, the shopkeepers were generally working in a competitive environment, providing customer-oriented service that generated goodwill, friendship, and trust. These contributed to the growth of the trade as a whole. While many private traders were involved in smuggling opium, others, such as Nathan Dunn, were much opposed to it. The case studies in this volume demonstrate that fortunes could be made in China by trading in legitimate items just as successfully as in illegitimate ones, which tellingly suggests that the rapid spread of opium smuggling in China could be a result of inadequate, rather than excessive, regulation by the Qing government. ‘For this absorbing book, Van Dyke and Schopp have convened excellent scholars, junior and senior, to throw new light on the foreign merchants outside the East India companies who shaped China’s engagement with the world at least as much as the companies’ men did, if not more. The slumbering field of foreign trade in Qing China has come back to life.’ —Timothy Brook, University of British Columbia ‘Much scholarship on the China trade has focused on the activities of the vast state-sponsored companies. This book flips the script. Now we know that, right under the noses of those economic behemoths, smaller private traders from Europe, America, and China were quietly reshaping the trade with their innovation, networking, grit, and dreams.’ —John R. Haddad, The Pennsylvania State University
