Schenk, Catherine R. , “Commercial Rivalry Between Shanghai and Hong Kong During the Collapse of the Nationalist Regime in China, 1945-1949” (1998)
Title : “Commercial Rivalry Between Shanghai and Hong Kong During the Collapse of the Nationalist Regime in China, 1945-1949”
Author(s) : Schenk, Catherine R.
Year : 1998
Type : Journal article
Subject : History
Keywords : economy;political
Journal : International History Review
Volume : 20
Number : 1
Start page : 68
End page : 88
Language:Name : English
Support : Print
Abstract : Open currency markets and a free trade policy in Hong Kong after World War II gave it great economic advantages over Shanghai, whose government-controlled import-export trade could not compete with the British colony. Complex ongoing negotiations between Chinese, Hong Kong, and English authorities to develop financial and trade agreements never reached a complete solution to these problems. A deteriorating Chinese economy and a collapsing Nationalist government created general chaos during this period.