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China and CapitalismA History of Business Enterprise in Modern China$
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David Faure

Print publication date: 2006

Print ISBN-13: 9789622097834

Published to Hong Kong Scholarship Online: September 2011

DOI: 10.5790/hongkong/9789622097834.001.0001

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PRINTED FROM HONG KONG SCHOLARSHIP ONLINE (www.hongkong.universitypressscholarship.com). (c) Copyright Hong Kong University Press, 2022. An individual user may print out a PDF of a single chapter of a monograph in HKSO for personal use.date: 17 May 2022

The Sprouts of Capitalism

The Sprouts of Capitalism

(p.10) (p.11) 2 The Sprouts of Capitalism
China and Capitalism

David Faure

Hong Kong University Press

This chapter describes how business was conducted under the late imperial regime. It also considers China's encounter with capitalism, focusing on the history of the application of the institutions which enabled capital to impact on the economy. It also explains how China diverged from the West, why the Chinese economy was so successful in the eighteenth century, and why it suffered so greatly in the nineteenth and twentieth centuries.

Keywords:   business, late imperial regime, capitalism, capital, Chinese economy

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