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 bank notes on China's 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...

Chinese Money in Global Context: Historic Junctures Between 600 BCE and 2012 offers a groundbreaking interpretation of the Chinese monetary system, charting its evolution by examining key moments in history and placing them in international perspective. Expertly navigating primary sources in multiple languages and across three millennia, Niv Horesh explores the trajectory of Chinese currency from the birth of coinage to the current global financial crisis. His narrative highlights the way that Chinese money developed in relation to the currencies of other countries, paying special...

At the end of the Cold War, commentators were pondering how far Western ideas would spread; today, the debate seems to be how far Chinese ideas will reach. This volume examines Chinese international relations thought and practices, identifying the extent to which China's rise has provoked fresh geo-strategic and intellectual shifts within Asia.

This book sets out to explain how Shanghai emerged from relative obscurity in 1842 to become one of the world s best-known finance and industry hubs. As China s largest city, Shanghai today plays a central economic role, much as it did in the 1920s. The author provides a concise diachronic survey of the economic history of modern Shanghai, setting out how the city s urban infrastructure, municipal institutions, consumer culture, and industry have shaped, and have been shaped by, this economic power house. The work tackles a range of themes, including the city s millionaires, then and now;...

This book sets out to answer how China's rise can best be understood from both East Asian and Western perspectives. It also assesses the prospect of realignment away from the US hegemony in East Asia in light of persistent regional rivalries. Throughout the book, the authors show that for China's neighbours, as well as for its own intellectuals, historicizing the country's rise provides one way of understanding its current ascendant trajectory, on the one hand, and acute social problems, on the other.To which historical precedent should one turn? Did Japanese Prime Minister Abe Shinzo get it...

This book sets out to explain how Shanghai emerged from relative obscurity in 1842 to become one of the world's best-known finance and industry hubs. As China's largest city, Shanghai today plays a central economic role, much as it did in the 1920s. The author provides a concise diachronic survey of the economic history of modern Shanghai, setting out how the city's urban infrastructure, municipal institutions, consumer culture, and industry have shaped, and have been shaped by, this economic power house. The work tackles a range of themes, including the city's millionaires, then and now;...

With China replacing the United States as the world's leading energy user and net oil importer, its relations with the Middle East is becoming a major issue with global implications. Horesh and his contributors set out to analyse the implications of China's growing presence in the Middle East.

This book provides a critical and comprehensive explanation of the China model and its origins, examining the issues that are critical to our understanding the significance of China's rise, and the ways in which China is responding to and might in turn reconfigure the world system we now live in as it develops fresh and potentially more powerful regulatory capacities. It will be of huge interest to students and scholars of Chinese economics, international economics, economic history and Chinese studies more generally.

Chinese President Xi Jinping's "One Belt, One Road" (OBOR) vision, heralded as an attempt to revive the pre-modern Silk Route, is intended to strengthen West Asia's economic links with China through ambitious infrastructural projects. Central to this are fast-track rail links, funded by the newly-established Asia Infrastructure and Investment Bank (AIIB), which has its headquarters in Beijing. This book explores the implications of OBOR and the AIIB for the Middle East/West Asia, and addresses a number of key strategic questions arising from China's new initiatives. These include: how far are...