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Chinese banking and foreign trade (1...

Ritenour, Perry Nicholas.

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Chinese banking and foreign trade (1949--1979) with a focus on Guangdong Province.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Chinese banking and foreign trade (1949--1979) with a focus on Guangdong Province./
Author:	Ritenour, Perry Nicholas.
Description:	339 p.
Notes:	Source: Dissertation Abstracts International, Volume: 61-09, Section: A, page: 3718.
Contained By:	Dissertation Abstracts International61-09A.
Subject:	Asian history. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9987151
ISBN:	9780599938038

Chinese banking and foreign trade (1949--1979) with a focus on Guangdong Province.
Ritenour, Perry Nicholas.

Chinese banking and foreign trade (1949--1979) with a focus on Guangdong Province. - 339 p.

Source: Dissertation Abstracts International, Volume: 61-09, Section: A, page: 3718.

Thesis (Ph.D.)--Georgetown University, 1999.

This item must not be sold to any third party vendors.

This dissertation describes the development of Chinese banking institutions and their relationship to Chinese foreign trade between 1949 to 1979. Traditional research into this thirty-year period offers limited information on banking practices and on the institutional development of the banking function in China. Similarly, China's foreign trade during the early years of the regime exhibited a pro-Soviet bias until 1957 after which Beijing began to pursue a more independent trade policy with non-aligned Third World countries that had little to offer China in trade but much to contribute in international, political and diplomatic support. Finally, a view is provided on the province of Guangdong which provided Westerners with a limited glimpse of the new China between 1949--1979 despite China's official political hostility toward the West after 1949. This research seeks to confirm whether the economic environment in China was more diverse and open to contacts with the West and Japan earlier than 1979. The speed at which China opened to the West after 1979 suggests that modern economic practices in banking and foreign trade were well-known to the Chinese during the thirty-years prior to 1979.

ISBN: 9780599938038Subjects--Topical Terms:

1099323
Asian history.

Chinese banking and foreign trade (1949--1979) with a focus on Guangdong Province.
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245 1 0 $a Chinese banking and foreign trade (1949--1979) with a focus on Guangdong Province.
300 $a 339 p.
500 $a Source: Dissertation Abstracts International, Volume: 61-09, Section: A, page: 3718.
500 $a Mentor: John W. Witek.
502 $a Thesis (Ph.D.)--Georgetown University, 1999.
506 $a This item must not be sold to any third party vendors.
506 $a This item must not be added to any third party search indexes.
520 $a This dissertation describes the development of Chinese banking institutions and their relationship to Chinese foreign trade between 1949 to 1979. Traditional research into this thirty-year period offers limited information on banking practices and on the institutional development of the banking function in China. Similarly, China's foreign trade during the early years of the regime exhibited a pro-Soviet bias until 1957 after which Beijing began to pursue a more independent trade policy with non-aligned Third World countries that had little to offer China in trade but much to contribute in international, political and diplomatic support. Finally, a view is provided on the province of Guangdong which provided Westerners with a limited glimpse of the new China between 1949--1979 despite China's official political hostility toward the West after 1949. This research seeks to confirm whether the economic environment in China was more diverse and open to contacts with the West and Japan earlier than 1979. The speed at which China opened to the West after 1979 suggests that modern economic practices in banking and foreign trade were well-known to the Chinese during the thirty-years prior to 1979.
520 $a Research into this topic began with a general review of the information at the Library of Congress, followed by more extended research at the University of California's Center for Chinese Studies in Berkeley, and at the University's other campus libraries in Los Angeles and Irvine. Research was also conducted at Stanford University and at the two major universities in Hong Kong. Extending this research to China in 1993 and again in 1994, I interviewed a variety of government, banking, academic, and business people with experience in banking and trade (often with personal recollections from the period) in order to test assumptions and conclusions on the topic. These interviews identified new information that was not found on the topic outside of China and altered the image of a monolithic Chinese economic system into a picture of greater diversity and institutional development in the Chinese banking system prior to 1979.
520 $a The conclusion to be drawn from this research is that China did not abolish all traditional banking functions after 1949 but rather maintained selected financial activities in order to continue trading with the West and Japan despite the regime's overt political hostility toward most non-communist countries. Such trade provided an important contribution to economic development and to the survival of the new Chinese state during periods of internal political turmoil and external threats. Foreign trade and the related financial support provided by Chinese banks also gave China two important economic foundations upon which to build the new socialist market economy, first in Guangdong, and then in the rest of China after 1979.
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650 4 $a Economic history. $2 fast $3 548503
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