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Full referenceLai, Chi-Kong, "Cantonese Business Networks in Late Nineteenth Century Shanghai: The Case of the Kwang-Chao Kung-So" (1994)
TypeJournal article
Author(s)Lai, Chi-Kong
Title"Cantonese Business Networks in Late Nineteenth Century Shanghai: The Case of the Kwang-Chao Kung-So"
Year1994
JournalEssays in Economic and Business History
Number12
Start page145
End page154
LanguageEnglish
SubjectHistory
Keywordseconomy; social; elites; civic
Abstract In the highly competitive and relatively commercialized economy of late imperial China, households and partnerships predominated in production and distribution of important commodities. The growth of foreign trade and emergence of major interregional and international markets in the 18th and 19th centuries stimulated the development of large-scale merchant associations to provide market services and handle processing and distribution. These urban mercantile guilds had played a growing role from the late Ming period as the Chinese economy experienced a dramatic increase in commercialization. The Kwang-chao Kung-so (Guangzhou Gongsuo; Cantonese merchant guild in Shanghai) is examined as a case study.
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