By Parks Coble
Although ancient reminiscence emphasizes the marketers who the Nationalists armies to the inner, so much chinese language businessmen remained within the reduce Yangzi zone. in the event that they needed to preserve any possession in their firms, they have been pressured to collaborate with the japanese and the Wang Jingwei regime in Nanjing. features of industrial within the a long time ahead of the conflict, together with a choice for kin enterprises and reluctance to turn into public companies, mistrust of presidency, opaqueness of commercial practices, and reliance of non-public connections (guanxi) have been severe to the survival of businesses through the struggle and have been bolstered by means of the conflict adventure. via attention of the wider implications of the various responses to this complicated period, Chinese Capitalists in Japan’s New Order makes a considerable contribution to bigger discussions of the dynamics of global struggle II and of chinese language enterprise culture.
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Additional resources for Chinese Capitalists in Japan’s New Order: The Occupied Lower Yangzi, 1937-1945
Many military planners had assumed that Japan might well separate these areas from Nanjing without resort to serious war, as had been done in Manchuria. Less attention had been devoted to how central China might ﬁt into a Japanese program. The fundamental problem with the lower Yangzi area was that its economy competed too closely with the metropole. Unlike such classic colonial matchups as Holland and the Dutch East Indies or Belgium and the Congo, in which the imperial country and the colony produced almost totally different products and maintained different levels of technological development, the economies of Japan and lower-Yangzi China were far more similar.
By that point, the Battle of Shanghai was long lost, so the agency’s efforts were directed at moving plants from inland cities or further relocating facilities shipped to Wuhan. 17 Moreover, in allocating shipping, the government quite naturally gave priority ﬁrst to troop movements and then to the shipping of military arsenals and iron and steel foundries. China’s private industrialists, who produced principally textiles, ﬂour, matches, and other consumer goods, were mostly left to fend for themselves.
A legacy of the famous reformer Zhang Jian, the Dasheng mills suffered little damage in the ﬁghting, but the city of Nantong was occupied in August 1938 (see Chapter 7). Anticipating this event, Chinese managers worked out a mortgage arrangement with a German bank and began using a German name for the plant, which was even draped with swastikas for a time. This ploy actually worked for a few months, until the Japanese determined it to be a ruse. 37 As the battlefront moved westward, some industrialists believed that a foreign ﬂag would offer protection from enemy attack, although that does not seem to have necessarily been the case.