Shanghais Bund and Beyond: British Banks, Banknote Issuance, and Monetary Policy in China, 1842-1937 Niv Horesh

ISBN: 9780300143560

Published: June 23rd 2009

Hardcover

256 pages


Description

Shanghais Bund and Beyond: British Banks, Banknote Issuance, and Monetary Policy in China, 1842-1937  by  Niv Horesh

Shanghais Bund and Beyond: British Banks, Banknote Issuance, and Monetary Policy in China, 1842-1937 by Niv Horesh
June 23rd 2009 | Hardcover | PDF, EPUB, FB2, DjVu, talking book, mp3, ZIP | 256 pages | ISBN: 9780300143560 | 10.79 Mb

As China emerges as a global powerhouse, this timely book examines its economic past and the shaping of its financial institutions.The first comparative study of foreign banking in prewar China, the book surveys the impact of British overseas bankMoreAs China emerges as a global powerhouse, this timely book examines its economic past and the shaping of its financial institutions. The first comparative study of foreign banking in prewar China, the book surveys the impact of British overseas bank notes on Chinas economy before the outbreak of the Sino-Japanese War in 1937.

Focusing on the two leading British banks in the region, it assesses the favorable and unfavorable effects of the British presence in China, with particular emphasis on Shanghai, and traces instructive links between the changing political climate and banknote circulation volumes.Drawing on recently declassified archival materials, Niv Horesh revises previous assumptions about Chinas prewar economy, including the extent of foreign banknote circulation and the economic significance of the May Thirtieth Movement of 1925.



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