| Book Review | The American Historical Review, 109.2

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| Book Review | The American Historical Review, 109.2 | The History Cooperative

Book Review

Asia

Parks M. Coble. Chinese Capitalists in Japan's New Order: The Occupied Lower Yangzi, 1937–1945. Berkeley and Los Angeles: University of California Press. 2003. Pp. xiii, 296. $60.00.
One of the last great theaters of World War II, the Sino-Japanese War of 1937–1945, is finally coming out of the historiographical shadows. Following a recent rise in scholarly interest in the war in China itself, Western scholarship has begun to use previously unavailable archival sources to construct a detailed and nuanced picture of the dilemmas of Chinese survival under the Japanese onslaught. Parks M. Coble draws on his expert knowledge both of entrepreneurialism in the Republican era (1912–1949) and the impact of Japanese aggression on Chinese politics to construct a highly original and meticulously researched picture of the fate of businesses under Japanese occupation.	1
The first part of the book deals with the general problems faced by Chinese businesses attempting to deal with a new, uncertain environment. First, physical safety became an issue: underground fighters of the exiled Nationalist regime had no hesitation in assassinating business figures who collaborated with the Japanese. Then, the Japanese-sponsored regimes, most notably the "reorganized" Nationalist government under Wang Jingwei, proved unable to defend their compatriots' interests against the rapacious economic demands of the occupiers. Finally, the scarcity of raw commodities and the effects of hyperinflation meant that the conditions for carrying on a stable business were poor indeed.	. . .

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