Banking in Modern China

Discover the fascinating evolution of modern Chinese banking in Banking in Modern China by Linsun Cheng, published by Cambridge University Press in 2007. Spanning 296 pages, this insightful book chronicles the establishment of the first Chinese bank modeled after Western practices in 1897 and examines how the industry faced significant challenges, culminating in the disruption caused by the Japanese invasion in 1937. Cheng's thorough analysis offers readers a unique perspective on the banking sector's role in China's economic history during pivotal years, including the First World War. Ideal for those interested in business, economics, and the historical context of banking in Asia, this book is a must-read for anyone looking to understand the complexities of China's financial landscape during the 20th century. Enhance your knowledge of banking and its historical significance with this comprehensive resource.