Profits, Politics and Panics: Hong Kong's Banks and the Making of a Miracle Economy, 1935-1985

This book recounts the banks' painful struggles to adapt to dramatic economic and political changes in China and Hong Kong between 1935-85. It identifies how misguided government decisions led to recurrent banking crises. Nevertheless, the banks almost single-handed financed first the manufacturing [...]
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This book recounts the banks' painful struggles to adapt to dramatic economic and political changes in China and Hong Kong between 1935-85. It identifies how misguided government decisions led to recurrent banking crises. Nevertheless, the banks almost single-handed financed first the manufacturing takeoff and then the post-industrial economy.