Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
Hostname: page-component-848d4c4894-nr4z6 Total loading time: 0 Render date: 2024-05-18T21:21:38.827Z Has data issue: false hasContentIssue false

6 - Disentanglement and Liquidation

German Bankers and the First World War in China

Published online by Cambridge University Press:  22 June 2022

Ghassan Moazzin
Ghassan Moazzin
Affiliation:
The University of Hong Kong
Get access

Summary

Chapter 6 deals with the activities of German bankers in China during the First World War and the eventual liquidation of the Deutsch-Asiatische Bank after 1917 due to China’s entry into the war. The chapter starts with a discussion of the development of the Deutsch-Asiatische Bank’s business and the internationalization of the Chinese banking sector in the years before 1914. It then turns to the negative impact the outbreak of war had on commerce and transnational connections in China. Thereafter, it discusses how the German bank tried to use loans to the Chinese government to keep China out of the war between 1914 and 1917. After these attempts failed and China entered the war on the side of the Allies, the Deutsch-Asiatische Bank was liquidated. This liquidation had severe consequences not only for the German bank but also for German business in China more generally.

Keywords

First World Warpolitical riskDeutsch-Asiatische BankDuan QiruiChina and the First World WarliquidationGerman business
Type
Chapter
Information
Foreign Banks and Global Finance in Modern China
Banking on the Chinese Frontier, 1870-1919
 , pp. 229 - 264
Publisher: Cambridge University Press
Print publication year: 2022

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

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 Dropbox.

Available formats
×

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.

Available formats
×