In 1980, the Nobel Laureate Milton Friedman noted “It is somewhat ironic that Hong Kong, a Crown colony of Great Britain, should be the modern exemplar of free markets and limited government. The British officials who govern it have enabled Hong Kong to flourish by following policies radically at variance with the welfare state policies…
Money does strange things to people, as Annah Lake Zhu notes in her latest book Rosewood: Endangered Species Conservation and the Rise of Global China.
If there’s a country that “punches above its weight”, it’s South Korea. It’s home to some of the world’s largest and most important companies, and the source of pop culture that dominates Asia—and even planted a foothold in the West.
China’s Pearl River Delta recently surpassed Tokyo as the world’s largest urban area. Amid that vast conurbation of over 60 million people stands the city of Zhongshan. The birthplace of Sun Yat-sen, Zhonghsan’s factories supply China’s middle class with consumer goods like lighting, furniture, and appliances. Looking east across the Indian Ocean, one finds Antalaha,…
Filled with memorabilia, photos and interviews, Berlin-based artist, critic and writer Xiaowen Zhu’s bilingual book Oriental Silk documents a Chinese-American family’s migration story. Tracing Ken Wong’s family past and cultural journeys, from his parents’ childhoods in China to their eventual relocation to the US and ultimately a flourishing business, Zhu reveals the dreams, hopes and…
Many Western entrepreneurs and businesses have foundered in trying to set up shop in China. Different expectations, different ways of doing business, different institutions and platforms—all come together to remove any pretensions that one can easily transplant a foreign business model into the Chinese market.
There was a time when to get to Moscow from Hong Kong, one had to transit through Bangkok onto an Ilyushin which came down, due to its relative short range, in both New Delhi and Tashkent before finally arriving at Sheremetyevo.
This story of business in China starts, alarmingly, with a hostage-taking over a commercial dispute. But rather than launching into a tale of business noir, the author admits that, well, the hostage-taker had a point: he had not in fact been paid.
We think we know the history of China’s opening to the outside world. Maoist China was closed off, until Deng Xiaoping decided to reform the economy and open up to international trade, leading to the economic powerhouse we see today.
The question of how a state committed to Communism became the world’s biggest trading nation in markets dominated largely by capitalist countries, controlling industries and setting prices, has long been puzzling. Author Jason M Kelly, in Market Maoists, provides a sober, detailed account of the way modern China came to see that global trade could…
Made in Hong Kong seeks to reframe the city’s role in the modern history of US foreign policy and globalization by focusing on a group of “mobile, pragmatic, and adaptive” Chinese elites author Peter E Hamilton calls kuashang, or “straddling merchants”. An academic study of families whose profitable relationships straddled the US, colonial Hong Kong…
Can corporate history be art? This question can only be asked if one is not familiar with the fascinating long-term project by the Chinese artist Xiaowen Zhu. Anyone who has experienced Oriental Silk will answer this question with a clear “yes.”
Enter the Wu-Tang. Return to the 36 Chambers. People listening to these albums by the Wu-Tang Clan and its members likely never knew about Sophia Chang: a Korean-Canadian woman who worked with members like RZA, ODB and Method Man. Q-Tip of A Tribe Called Quest called Sophia Chang “an integral part of the golden era…
If there were an award for the best book title, Blockchain Chicken Farm would surely be in running for 2020. Xiaowei Wang leads off this collection of connected essays about technology and society with a story about how the blockchain has been deployed in China’s rural organic chicken farms to provide untamperable provenance for China’s…
Andrew B Liu’s Tea War comes with a promising title and an equally promising concept. What better window into macro-economic evolution of east and south Asia than the development of iconic beverage of the region, “the most consumed beverage around the world today” aside from water? And war it was, between the centuries-old Chinese and…