The Chinese Cornerstone of Modern Banking

The Chinese Cornerstone of Modern Banking

Author: Frederic Delano Grant Jr

Publisher: Brill - Nijhoff

Published: 2014-09-29

Total Pages: 362

ISBN-13: 9789004276550

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The Chinese Cornerstone of Modern Banking: The Canton Guaranty System and the Origins of Bank Deposit Insurance 1780-1933, by Frederic Delano Grant, Jr., details the evolution of modern deposit insurance from collective responsibility for debt enforced under the Canton System.


The Chinese Cornerstone of Modern Banking

The Chinese Cornerstone of Modern Banking

Author: Frederic Delano Grant, Jr.

Publisher: Martinus Nijhoff Publishers

Published: 2014-09-25

Total Pages: 378

ISBN-13: 9004276564

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Modern bank insurance is traced to its roots in The Chinese Cornerstone of Modern Banking: The Canton Guaranty System and the Origins of Bank Deposit Insurance 1780-1933. Frederic Delano Grant, Jr. provides new understandings of the Canton System, collective responsibility for debt at Canton, and the history of deposit insurance. The Canton Guaranty System inspired radical reform in New York in 1829 – the ancestor of all modern deposit insurance. Yet it was never the success imagined, and soon failed. In the Opium War, the Chinese government as implicit guarantor was forced to pay its debts in full on 23 July 1843. The afflictions of the Chinese system, including moral hazard, too big to fail, and unenforced laws, remain familiar today.


Transformation of China's Modern Banking System

Transformation of China's Modern Banking System

Author: Rixu Lan

Publisher:

Published: 2015

Total Pages: 0

ISBN-13: 9781623200909

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The product of more than 10 years of research, Transformation of China's Modern Banking System provides a detailed study of the evolution of China's banking system from the late Qing era to the Republican era. Transformation of China's Modern Banking System offers a unique and comprehensive analysis of the financing structure, governance structure, incentive and restraint mechanisms, and structural changes of China's modern banking system. Lan Rixu uses historical evidence to show how the transformation of the modern banking system of China reflected an acute awareness of the practical reality of modern Chinese bankers. Transformation of China's Modern Banking System details the systematic changes in China's banking system during the chaotic period when traditional China met the West. Transformation of China's Modern Banking System is a winner of the Second Financial Book Awards, the Golden Goat Awards, co-organized by China Finance, China (Guangzhou) International Finance Expo, and the Finance Affairs Office of Guangzhou.


China's Banking Transformation

China's Banking Transformation

Author: James Stent

Publisher: Oxford University Press

Published: 2017

Total Pages: 305

ISBN-13: 0190497033

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China's Banking Transformation describes the strengths and weaknesses of the Chinese banking system based on the author's 12 years serving on two Chinese bank boards. Acknowledging the challenges banks face, the book challenges conventional views, maintaining that China's banks now function well within China's market socialist political economy, and within China's traditional collectivist cultural world.


A History of Modern Shanghai Banking: The Rise and Decline of China's Financial Capitalism

A History of Modern Shanghai Banking: The Rise and Decline of China's Financial Capitalism

Author: Ji Zhaojin

Publisher: Routledge

Published: 2016-07-08

Total Pages: 338

ISBN-13: 1317478061

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As the center of capitalism in China, Shanghai banking provides a unique perspective for assessing the impact of the changes from financial capitalism to socialist planning banking in the early 1950s, and for evaluating the reform of China's banking system since the 1980s. This book offers a comprehensive history of Shanghai banking and capital markets from 1842 to 1952, and illustrates the non-financial elements that contributed to the revolutionary social and financial changes since the 1950s, as well as financial experiences that are significant to China's economic development today. The book describes the rise and fall of China's traditional native banks, the establishment of foreign banks, and the creation of modern state banks, while focusing on the colorful world of banking, finance, and international relations in modern Shanghai. It assesses the Chinese government's intervention in banking and finance during the Qing dynasty and the Republican era, as well as the concept of state capitalism after the establishment of the People's Republic. The author examines various modern-style Chinese banks through fascinating stories of Shanghai bankers. In addition, she provides detailed coverage of market-oriented international trade, banking associations, the conflicts between state and society, the government involvement in business, the management of foreign exchange, joint venture banks, wartime banking and finance, hyperinflation, corruption, and banking nationalization.


The Chinese Banking Industry

The Chinese Banking Industry

Author: Yuanyuan Peng

Publisher: Routledge

Published: 2007-08-18

Total Pages: 263

ISBN-13: 1134098383

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This book provides detailed systematic micro-level analysis of the historical development of the Chinese banking industry, focusing in particular on the development of the Bank of China (BOC) in the period 1905 to 1949. Banking reform is a key area of China’s economic transformation, and this book, bringing a vast amount of material to a Western audience for the first time, provides a detailed evidence of the key challenges faced by a major Chinese bank. The book: addresses important issues in its evolution, including corporate governance government intervention, foreign competition and white-collar crime evaluates how the challenges in these areas were met considers the results of its efforts draws lessons for policy making today.


Banking in Modern China

Banking in Modern China

Author: Linsun Cheng

Publisher: Cambridge University Press

Published: 2003-03-06

Total Pages: 314

ISBN-13: 9780521811422

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This is the first book to document in English the evolution of modern Chinese banking, from the establishment in 1897 of the first Chinese bank along a Western model, to the abrupt interruption of professional banking by the Japanese invasion in 1937. Drawing from original documents of major Chinese banks, Linsun Cheng explains how and why the banks were able, despite a succession of foreign and domestic crises, to grow into viable and self-sustaining institutions in China. Rich with new, unpublished historical details, this book offers an original, comprehensive narrative of the origins and growth of professional banks.


Merchants and Profit in the Age of Commerce, 1680–1830

Merchants and Profit in the Age of Commerce, 1680–1830

Author: Dominique Margairaz

Publisher: Routledge

Published: 2015-10-06

Total Pages: 245

ISBN-13: 1317317955

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Merchant activity across Europe, America and China during the long eighteenth century is explored in this collection of essays. Using a unique data set from accounts and correspondence, contributors are able to show the fragmented nature of merchant activity and the importance of trust-based social and cultural networks.