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Chinese Finance under the Republic

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  • A. P. Winston

Abstract

Introduction, 738. — I. Foreign loans to China, 740. — The international "money trust" described, 741. — Effect on interests of borrowers and lenders, 747. — Breakdown under pressure of competition, 749. — Critical comparison of the Taft and Wilson policies, 758. — II. Internal development of Chinese finance since the Revolution. The escape from bankruptcy, 1912–14, 762. — Political basis of the Chinese financial system, 765. — Influences tending toward improvement, 766. — The political and fiscal reorganization, 767. — First loans from Chinese lenders, 768. — Reform of salt administration, 771. — Fiscal economy, 774. — Political changes underlying these reforms, 775. — Summary of conclusions, 1912–16, 777.

Suggested Citation

  • A. P. Winston, 1916. "Chinese Finance under the Republic," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 30(4), pages 738-779.
    • Handle: RePEc:oup:qjecon:v:30:y:1916:i:4:p:738-779.
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    Cited by:

    1. William N. Goetzmann & Andrey Ukhov, 2001. "China and the World Financial Markets 1870-1930: Modern Lessons From Historical Globalization," Center for Financial Institutions Working Papers 01-30, Wharton School Center for Financial Institutions, University of Pennsylvania.

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