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TheQiaopiTrade and Its Role in Modern China and the Chinese Diaspora

"Toward an Alternative Explanation of "Transnational Capitalism

Bibliographic Data

ID3662385
AuthorsHong Liu (0000-0003-3328-8429), Gregor Benton
Year2016
Volume75
Issue3
Pages575-594
Publication date2016-08-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Asian Studies (JOURNAL)
Journal identifiersISSN: 0021-9118 • E-ISSN: 1752-0401
PublisherDuke University Press (PUBLISHER • US)
DOI10.1017/s0021911816000541
OpenAlexW2511612978
LanguageEN
Citations received7
References cited30

This essay takes issue with the idea that the trade in remittance letters (qiaopi侨批) was a modern form of "transnational capitalism" that relied on trust in a system of impersonal rules rather than "a distinctive form of 'Chinese capitalism'" dependent on cultural or familial affinities, and thatqiaopitraders used instrumental economic practices to transnationalize their businesses. The essay aims to identify alternatives to modern capitalism that are, at the same time, robustly cosmopolitan, and for which modernity is multiple rather than modular. Ethnicity and identity matter greatly in diasporic Chinese business culture, as sources of entrepreneurial resilience and creativity, especially in the early stages of diaspora formation. Far from forming an obstacle to economic growth and technological innovation, business familism, social networks, and their associated cultural values can be shown, at least in some periods and contexts, to have assisted economic development in Chinese societies at home and abroad, by enabling social mobility, furthering family interests, building partnerships, facilitating contracts, and promoting other practices proper to a modern market economy

Aesthetics · Capitalism · China · Diaspora · Economic growth · Economic system · Economics · Globalization · Identity (music) · Market economy · Modernity · Political science · Remittance · Sociology · China's Socioeconomic Reforms and Governance · Gender Studies · Law · Migration and Labor Dynamics · Migration, Ethnicity, and Economy

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Unique citing works7
Citations per year1,17
Citation span2020 - 2026 (7)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 7

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