| Book Review | The American Historical Review, 109.3

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| Book Review | The American Historical Review, 109.3 | The History Cooperative

Book Review

Asia

Linsun Cheng. Banking in Modern China: Entrepreneurs, Professional Managers, and the Development of Chinese Banks, 1897–1937. (Cambridge Modern China Series.) New York: Cambridge University Press. 2003. Pp. xvi, 277. $65.00.

This book traces the evolution of modern banking in China, more specifically in Shanghai, from the 1897 establishment of the first Chinese bank on a Western model until 1937, when the beginning of the Sino-Japanese war disrupted the economic life and the financial market of the country. Cheng Linsun draws from banking archives (kept in Nanjing Second Archives and Shanghai Municipal Archives), from published or unpublished original documents preserved by major banks, and from a comprehensive Chinese and Western bibliography to present a general history of this hitherto somewhat neglected topic.

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