Banking in Modern China

This book documents 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 domesti...

This book documents 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 historical detail, this book offers a comprehensive narrative of the origins and growth of professional banks. This book provides a critical part in the literature on China's economic history and modernization in the pre-war period. Cheng also recounts early experiences with Chinese banking reform that resonate today as useful lessons to Chinese policymakers assessing options for financial reform.

程麟荪，美国马萨诸塞州达特茅斯州立大学历史系教授，曾在上海社会科学院工作，合著《旧中国的资源委员会》，主编Berkshire Encyclopedia of China，译有《大公司与关系网：中国境内的西方、日本和华商大企业（1880～1937）》《中国的对外贸易和工业发展（1840～1948）》等。

徐昂，复旦大学历史学博士，上海社会科学院经济研究所助理研究员，研究方向为中国近现代经济史、银行史，著有《陈光甫与民国政府关系研究》，译有《20世纪欧洲经济史》等。

袁煦筠，复旦大学历史学硕士，现就职于上海新金融研究院。