Description
Foreign Banks and Global Finance in Modern China provides a comprehensive analysis of how foreign banking institutions shaped China’s emergence into the global financial system during a transformative period. Ghassan Moazzin traces the activities of international banks operating on Chinese soil from 1870 to 1919, examining their influence on trade, investment, and economic development.
The book explores the complex relationships between foreign financial institutions, the Chinese government, and local merchants, revealing how banking practices facilitated (and sometimes hindered) China’s modernization. Moazzin demonstrates that foreign banks were not merely commercial entities but crucial agents in China’s integration into global enterprise networks.
Part of the Cambridge Studies in the Emergence of Global Enterprise series, this work contributes to our understanding of how financial capitalism operated at imperial frontiers and how these dynamics continue to influence contemporary global finance and China’s economic role.
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