America's China Trade in Historical Perspective: The Chinese and American Performance

Overview

This volume explores commercial relations between the United States and China from the eighteenth century until 1949, fleshing out with facts the romantic and shadowy image of "the China trade." These nine chapters by specialists in the field have developed from papers they presented at a conference supported by the national Committee on American-East Asian Relations.

The work begins with an Introduction by John K. Fairbank, then moves on to analysis of the old China trade up to...

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Overview

This volume explores commercial relations between the United States and China from the eighteenth century until 1949, fleshing out with facts the romantic and shadowy image of "the China trade." These nine chapters by specialists in the field have developed from papers they presented at a conference supported by the national Committee on American-East Asian Relations.

The work begins with an Introduction by John K. Fairbank, then moves on to analysis of the old China trade up to the American Civil War, centering on traditional Chinese exports of tea and silk. A second section deals with American imports into China—cotton textiles and textile-related goods, cigarettes, kerosene. Finally, the impact of the trade on both countries is assessed and the operations of American-owned and multinational companies in China are examined. For both the United States and China, the economic importance of the trade proves to have been less than the legend might suggest.

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Product Details

Meet the Author

Ernest R. May was Charles Warren Professor of History at Harvard University and Director of the Intelligence Policy Program at Harvard's Kennedy School of Government.

John King Fairbank was Francis Lee Higginson Professor of History and Director of the East Asian Research Center at Harvard University.

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Table of Contents

Foreword

Ernest R. May

Introduction: Patterns and Problems

John K. Fairbank

PART ONE: CHINA'S MAJOR EXPORT TRADES

Chinese Teas to America—A Synopsis

Yen-Ping Hao

Direct Trade without Diplomacy 1784-1843

Trade Under the Treaty System 1844-1895

Trade Mechanics

Consequences for Economic Development

The Boom Years of the Pukien Tea Trade, 1842-1888

Robert P. Gardella

Fukien's Opening to Foreign Trade, 1842-1855

Organizing the Tea Trade

Impact of the Tea Export Boom on the Fukien Economy

The Effect Upon Provincial Government Finance

The Competition of Tea Plantations Abroad

The Silk Export Trade and Economic Modernization in China and Japan

Lillian M. Li

The Modem Role of Silk Exports

Characteristics of Silk Technology

The Chinese Pattern of Development

The Japanese Pattern of Development

Urban-Rural Integration

Commercial Institutions and Practices

PART TWO: AMERICAN IMPORTS INTO CHINA

The Chinese-American Cotton-Textile Trade, 1830-1930

Kang Chao

Characteristics of the American Cotton-Textile Industry

Quality and Price of American Cotton Cloth

Trade Organizations and Marketing Techniques

How the Market Was Lost

The East Asian "Textile Cluster" Trade, 1868-1973: A Comparative-Advantage Interpretation

Bruce L. Reynolds

Two Approaches

Some Characteristics of Textiles

Trade Data: Preliminary Observations

International Competition in Textile Cluster Trade

Commercial Penetration and Economic Imperialism in China: An American Cigarette Company's Entrance into the Market

Sherman Cochran

An American Multinational Corporation in China

The Role of the Chinese in BAT

East Asian Opposition to BAT

Commercial Penetration and Economic Imperialism

The United States Petroleum Trade with China, 1876-1949

Chu-Yuan Cheng

Trends in China's Petroleum Imports

The Changing Role of American Oil Companies

Marketing and Distributing Systems

Major Economic Effects

PART THREE: PERSPECTIVES ON TRADE AND INVESTMENT

The Minor Significance of Commercial Relations Between the United States and China, 1850-1931

Peter Schran

The Relative Importance of Foreign Trade

The Relative Importance of Bilateral Trade

The Relative Importance of Trade in Specific Commodities

The Impacts of American Multinational Enterprise on American-Chinese Economic Relations, 1786-1949

Mira Wilkins

American Firms in China Trade and Manufacturing

American Multinationals' Direct Marketing in China

China Trade Corporations of American Residents in China

American Nonindustrial Enterprises in China

American Investments in China

Notes

Bibliography

Glossary

Index

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