From Patrimonialism to Profit

The Changing Flow of Funds from the Chinese in Malaysia to China

Datos Bibliográficos

ID3985661
AutoresKee Cheok Cheong (University of Malaya), Poh Ping Lee (University of Malaya), Lee Kam Hing (0009-0004-2224-0088, University of Malaya, autor de correspondencia), Kam Hing Lee (University of Malaya)
Año2017
Volumen47
Número5
Páginas687-703
Fecha de publicación2017-10-20
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaJournal of Contemporary Asia (JOURNAL)
Identificadores de la revistaISSN: 0047-2336 • E-ISSN: 1752-7554
EditorialInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00472336.2017.1347696
OpenAlexW2738199584
IdiomaEN
Citas recibidas2
Referencias citadas17

Unlike the period before World War II, the Malaysian Chinese no longer look towards China as a home they will ultimately return to. This is seen in the flow of funds to China from the Malaysian Chinese. Before the war the motivation was patrimonial. The funds were in the form of patriotic bonds and collections and remittances that went to the home provinces of the Malaysian Chinese mostly in Fujian and Guangdong. Since the 1990s the funds flow has mainly been in the form of investment meant for gaining profit. This motivation was not different from that of business investors from other nations investing in China. It is important to demonstrate this motivation in order to allay suspicions by indigenous Southeast Asians that the Chinese who live in Southeast Asia are diverting funds meant for Southeast Asia to China

Business · China · Development economics · Economic growth · Economics · Flow of funds · Indigenous · Political science · Profit (economics · Asian Studies and History · Finance · Law · Migration and Labor Dynamics · Socioeconomic Development in Asia