New Book Announcement: Foreign Banks and Global Finance in Modern China: Banking on the Chinese Frontier, 1870-1919

Ghassan Moazzin's picture

Dear colleagues,

I am happy to announce the publication of my first book, Foreign Banks and Global Finance in Modern China: Banking on the Chinese Frontier, 1870-1919 (Cambridge: Cambridge University Press, 2022):



In this wide-ranging study, Ghassan Moazzin sheds critical new light on the history of foreign banks in late 19th and early 20th century China, a time period that saw a substantial influx of foreign financial institutions into China and a rapid increase of both China’s foreign trade and its interactions with international capital markets. Drawing on a broad range of German, English, Japanese and Chinese primary sources, including business records, government documents and personal papers, Moazzin reconstructs how during this period foreign banks facilitated China’s financial integration into the first global economy and provided the financial infrastructure required for modern economic globalization in China. Foreign Banks and Global Finance in Modern China shows the key role international finance and foreign banks and capital markets played at important turning points in modern Chinese history.

ISBN: 9781316517031

Publisher: Cambridge University Press


Table of Contents:


1. A German bank in China: early contact of German bankers with China from the 1870s to the 1880s

2. Entering the Chinese banking sector: foreign banks on the Chinese frontier

3. Chinese bonds for European investors: the indemnity loans and the internationalisation of Chinese public finance, 1895–1898

4. Railway dreams: German bankers and Chinese railway development, 1895–1910

5. Global markets, international finance and the 1911 revolution in China

6. Disentanglement and liquidation: German bankers and the first world war in China




More about the book: