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1 - A German Bank in China

Early Contact of German Bankers with China from the 1870s to the 1880s

Published online by Cambridge University Press:  22 June 2022

Ghassan Moazzin
Ghassan Moazzin
Affiliation:
The University of Hong Kong
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Summary

Chapter 1 begins with a discussion of the early interest of German bankers in the Chinese market, including the failed attempt of the Deutsche Bank to establish branches in East Asia in the 1870s. The chapter then explores the early development of foreign banking in modern China from the middle of the nineteenth century and the growing interest of Chinese reformers and officials in using foreign capital and cooperating with foreign banks. We then return to the German bankers and investigate the activities of a study mission sent to China by a group of German banks and industrial concerns. Finally, the chapter traces the establishment of the Deutsch-Asiatische Bank in China by leading German banks in 1889.

Keywords

Deutsche BankDisconto-GesellschaftBismarckDeutsch-Asiatische Bankforeign debtChinese public financeHermann WallichAdolph von HansemannLi Hongzhang
Type
Chapter
Information
Foreign Banks and Global Finance in Modern China
Banking on the Chinese Frontier, 1870-1919
 , pp. 24 - 55
Publisher: Cambridge University Press
Print publication year: 2022

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  • A German Bank in China
  • Ghassan Moazzin, The University of Hong Kong
  • Book: Foreign Banks and Global Finance in Modern China
  • Online publication: 22 June 2022
  • Chapter DOI: https://doi.org/10.1017/9781009037891.002
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  • A German Bank in China
  • Ghassan Moazzin, The University of Hong Kong
  • Book: Foreign Banks and Global Finance in Modern China
  • Online publication: 22 June 2022
  • Chapter DOI: https://doi.org/10.1017/9781009037891.002
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • A German Bank in China
  • Ghassan Moazzin, The University of Hong Kong
  • Book: Foreign Banks and Global Finance in Modern China
  • Online publication: 22 June 2022
  • Chapter DOI: https://doi.org/10.1017/9781009037891.002
Available formats
×