Liu Hongsheng’s enterprises developed in pre-Communist China in a situation of imperialist invasion and plunder during the period when China’s semi-colonial semi-feudal economy was in decline. However, they still achieved some development in the course of a struggle with foreign monopoly capital and domestic bureaucratic capital. By the 1930s Liu’s enterprises had reached a certain scale and continued to struggle through national crisis and economic depression. During the Anti-Japanese War they suffered serious devastation under Japanese occupation and did not recover until China had won the War. In the post-war period, however, the large-scale dumping of foreign goods, runaway inflation and the oppression by the Nationalist authorities meant that the production of his subordinate factories was still bogged down in recession and decline, and Liu’s enterprises did not have a real new life until China was liberated.
Weitere Kapitel dieses Buchs durch Wischen aufrufen
- Liu Hongsheng’s Enterprise Investment and Management
- Palgrave Macmillan UK
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