From Globalization to Liquidation: The Deutsch-Asiatische Bank and the First World War in China
Cross-Currents: East Asian History and Culture Review
Faculty of Asian and Middle Eastern Studies, University of Cambridge
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Moazzin, G. (2015). From Globalization to Liquidation: The Deutsch-Asiatische Bank and the First World War in China. Cross-Currents: East Asian History and Culture Review https://cross-currents.berkeley.edu/e-journal/issue-16/moazzin
This is the final published version of the article. It was originally published in Cross Currents: East Asian History and Culture Review (Moazzin G., Cross Currents: East Asian History and Culture Review (No. 16, September 2015, ISSN: 2158-9674)). The final version is available at https://cross-currents.berkeley.edu/e-journal/issue-16/moazzin
This article uses the case of the Deutsch-Asiatische Bank and its liquidation during the First World War to examine the challenges faced by German businesses during the war in China and China’s involvement in Allied economic warfare. This case suggests the detrimental effect that political crises and global shifts of power had on foreign businesses in modern China’s globalized treaty port economy. It also reveals China’s role in the global economic warfare of the Allies, showing that China first resisted Allied demands for a full liquidation of the German bank but eventually acquiesced to Allied pressure and handed control over the liquidation to the Allies. As a consequence, China ended up violating the very international law it had put so much value on when entering the war.
China, Germany, Britain, World War I, Deutsch-Asiatische Bank, Liquidation, Economic Warfare, International Law, Foreign Banks, Hongkong and Shanghai Banking Corporation
The author acknowledges financial support from the Arts and Humanities Research Council of the United Kingdom and the German Academic Exchange Service.
This record's URL: https://www.repository.cam.ac.uk/handle/1810/249126
Attribution - Non-Commercial - NoDerivs 2.0 England and Wales
Licence URL: http://creativecommons.org/licenses/by-nc-nd/2.0/uk/
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