IDEAS home Printed from https://ideas.repec.org/a/mes/chinec/v4y1970i1p3-43.html
   My bibliography  Save this article

Foreign Trade and Trade Policy of Communist China

Author

Listed:
  • Kiyoshi Takase

Abstract

China's foreign trade before the establishment of the Communist regime, like various other areas of the economy, was under the rule of foreign capital. Eighty percent or more of foreign trade transactions was handled by foreign commercial firms in China (in 1936, 771 firms from 22 countries, excluding Japan) [1]. Because of this, many Chinese merchants were only playing the role of compradors. Trade was 90% or more (as of 1930) financed by foreign banks, and in shipping, too, foreign ships accounted for 93% of cargo loading (as of 1940). China lost its tariff autonomy in the Nanking Treaty (1842) (>u>1>/u>), and almost all tariff revenue based on the loss of the tariff autonomy right was used to repay the foreign loans to China.

Suggested Citation

  • Kiyoshi Takase, 1970. "Foreign Trade and Trade Policy of Communist China," Chinese Economy, Taylor & Francis Journals, vol. 4(1), pages 3-43, October.
    • Handle: RePEc:mes:chinec:v:4:y:1970:i:1:p:3-43
    as

    Download full text from publisher

    File URL: http://mesharpe.metapress.com/link.asp?target=contribution&id=TLN54NW006602522
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:chinec:v:4:y:1970:i:1:p:3-43. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MCES20 .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.