IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

How Keynesian Economics Came to China

Listed author(s):
  • Paul B. Trescott
Registered author(s):

    The central ideas of Keynes's General Theory were introduced into China soon after its publication in 1936. Yao Qingsan, who had studied in France, made the first known presentation. Numerous persons who had studied in England helped disseminate Keynes's ideas: Michael Lindsay, Fan Hong, Xu Yunan, Teng Maotong, Wu Qiyuan. Xu Yunan and Wang Chuanlun prepared a translation of the General Theory in the 1940s, but it was not published until 1957. At Harvard, Keynes's ideas were applied in several doctoral dissertations by Chinese students. H. D. Fong, one of the leaders of the Nankai University Institute of Economics, studied with Alvin Hansen in 1941 and promoted inclusion of Keynesian material in the Nankai curriculum. Several Nankai faculty and graduate students published expositions and applications of Keynes in the early 1940s. The communist government that came to power in 1949 expressed strong disapproval of Keynes's ideas. This became a major element in the anti-rightist movement of 1957–58. However, after Mao Zedong's death in 1976, Keynesian ideas (although unacknowledged) figured prominently in government demand-management policies.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by Duke University Press in its journal History of Political Economy.

    Volume (Year): 44 (2012)
    Issue (Month): 2 (Summer)
    Pages: 341-364

    in new window

    Handle: RePEc:hop:hopeec:v:44:y:2012:i:2:p:341-364
    Contact details of provider: Postal:
    Duke University Press 905 W. Main Street, Suite 18B Durham, NC 27701

    Phone: (919) 660-1800
    Fax: (919) 684-8974
    Web page:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:hop:hopeec:v:44:y:2012:i:2:p:341-364. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Center for the History of Political Economy Webmaster)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.