Abstract
This chapter discusses the two historical “cycles” that captured the “up and down” of family enterprises in the beginning of twentieth century in China.
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Notes
- 1.
See Chapter 4 for detailed discussions.
- 2.
Upon the establishment of the socialist government in 1956, China’s family enterprises had to leave the world stage—their “mission,” so to speak, was complete, and they would not participate in the economy again until the reform and opening up in 1978, during which privately operated industries gradually made a comeback.
Reference
Bergère, M. C. (1989). Golden Age of the Chinese Bourgeoisie, 1911–1937. Cambridge: Cambridge University Press.
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Chen, L., Zhu, J.A., Fang, H. (2021). Two Cycles of Development of Family Enterprises in Modern China. In: Family Business in China, Volume 1. Palgrave Macmillan Asian Business Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-51395-5_7
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DOI: https://doi.org/10.1007/978-3-030-51395-5_7
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Publisher Name: Palgrave Macmillan, Cham
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