Reconsideration on the Gain and Loss of the Chinese Businessmen's Investment in Foreign Enterprises at the End of the Qing Dynasty
Wang Zhong
Abstract
Wang Zhong
Abstract
It was normal for the Chinese businessmen to invest in the foreign enterprises at the end of the Qing Dynasty. It enabled the Chinese business to accumulate funds, technology and experiences in business management. It also brought up a group of promising enterprisers and turned part of foreign enterprises into national capitalist ones as well as pushing forward the Chinese capitalist production and social progress directly. But the funds of the Chinese businessmen's investment were usually used by the foreign businessmen to defeat the Chinses enterprises. A few foreign stockholders paid no attention to the rights of the Chinese ones,as was closely due to the semi colonial position of China and the lack of a set of regulations for the foreign investing management laid down by the Qing Dynasty.
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It was normal for the Chinese businessmen to invest in the foreign enterprises at the end of the Qing Dynasty. It enabled the Chinese business to accumulate funds, technology and experiences in business management. It also brought up a group of promising enterprisers and turned part of foreign enterprises into national capitalist ones as well as pushing forward the Chinese capitalist production and social progress directly. But the funds of the Chinese businessmen's investment were usually used by the foreign businessmen to defeat the Chinses enterprises. A few foreign stockholders paid no attention to the rights of the Chinese ones,as was closely due to the semi colonial position of China and the lack of a set of regulations for the foreign investing management laid down by the Qing Dynasty.
Key concepts: China, Shareholder, Position (finance), Business, Market economy, Foreign direct investment, Investment (military), Colonialism