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Chinese Hinterland Capitalism and Shanxi Piaohao: Banking, State, and Family, 1720-1910

Chinese Hinterland Capitalism and Shanxi Piaohao: Banking, State, and Family, 1720-1910

Hardcover

Series: Routledge Studies in the Modern History of Asia

EconomicsChinese HistoryGeneral Sociology

ISBN10: 0367458098
ISBN13: 9780367458096
Publisher: Routledge
Published: Sep 22 2020
Pages: 196
Weight: 0.95
Height: 0.60 Width: 6.10 Depth: 9.40
Language: English

This book examines Shanxi piaohao--private financiers from the Chinese hinterland--in the economic and business history of late imperial China, forming the original theory of Chinese hinterland capitalism.

Deepening the existing understanding of capitalist dynamics at work in the families and financial institutions of late imperial China, the book foregrounds the expansionist role played by Shanxi piaohao in transforming China's market and trade from an agrarian empire to a modern nation state. In a departure for economic history, it also focuses on the histories of the people and their lifeworlds behind financial institutions, which have previously been erased by universal capitalist narratives. Persistent binary oppositions between coastal areas and hinterland; state and market; and institutions and families are each transcended in recounting the local histories of global capital in the marginalized countryside and borderlands of China.

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Chinese History