Chinese and Indian Corporate Economies

Rajeswary Ampalavanar Brown is Emeritus Professor in International Business at Royal Holloway College, University of London. She is the author of The Indian Minority and Political Change in Malaya, 1945-1957; Capital and Entrepreneurship in South East Asia; Chinese Big Business and the Wealth of Asian Nations; The Rise of the Corporate Economy in South East Asia; and Islam in Modern Thailand: Faith, Philanthropy and Politics.

• 1. Two Major Asian Peripheries, China and India, and their Distinct Corporate Economies: The Silent Tongue of " One Asia Or Many".2. The Restructuring of China’s State Owned Enterprises since 19783. Chinese Retailers Abroad and China’s Consumption Patterns at Home: The Prosperity of Prada and a Sorcery of Branded Luxury.4. The Silent Vulgar Tongue: Guanxi and Trust in Chinese Corporations.5. Financial Reform in China, Banking State and Efficiency6. The Development of the Chinese Stock Market and Globalization of Chinese Corporations and Financial Markets7. The Role of Labour in Agrarian and Industrial Dynamics of Change8. Utilitarian Blindness to Innovation Mistaken for Sight in China’s Search for Acquisition of Western Magic Pagodas.9. China and Globalization Strategy and Scope.10. Corporate Institutions and Law in India: State, Space and the Capitalists.11. Tata and Sons: Appropriating and Keeping the State in Space.12. Indian Financial Institutions: Law Renaissance, Illusions and Realities.13. Rethinking the Corporate and Financial Institutions of Islam through the Moral Economy of the Waqf14. From Empire to Independence to Economic Liberalism and Globalization: Indian Labour’s Journey15. Chinese and Indian Corporate Economy: A Radical Construction of Law, the State and Corporations16. Conclusion

"A richly detailed and accessible comparison of development in China and India. Rajeswary Ampalavanar Brown combines insights of the economist and the business historian, weaving together first-hand knowledge of an impressive field of topics, from farms to financial markets, and from moral economy to corporate branding. Her sophisticated analysis leaves behind clichéd images of Asian business, revealing the complex interplay of global norms and culturally specific practices like waqf trusts and guanxi relations, as well as the interaction between common law and national capitalism, and corporate strategies to emulate and supplant foreign competitors."Thomas DuBois, Australian National University (ANU), Australia."This insightful and ambitious book seeks to explain the contrasting pathways of capitalist transformation in two of the largest economies of the world, India and China, paying attention to the role of the state, legal infrastructure, cultural practices, and resource endowments. An essential reading for economists and historians interested in the 'emergence' of Asia, the book confirms Professor Brown’s reputation as a foremost authority on Asian capitalism."Tirthankar Roy, Professor of Economic History, London School of Economics and Political Science, UK.