"An important book. Accounting, management, and business history masquerade as mundane technical fields. But C. Patterson Giersch, historian of borderlands and ethnicity, shows how deceptive this façade can be, tracing the commercial 'networks of exclusion' that helped parcel out Asia's interior between Chinese and British imperialisms. The discoveries in this book are indispensable to our understanding of how modern China as we know it came to be."—Rian Thum, University of Nottingham "In Modern China, it is well-known fact that economic development and the concentration of wealth are profoundly uneven, particularly along ethnic and geographic lines. But why? In a bold new work that is at once empirically rich, tenaciously local, and vividly narrated, C. Patterson Giersch charts out the deep, late imperial origins of Chinese economic inequality."—Thomas S. Mullaney, Stanford University "[Giersch's] attention to the details of life in the borderlands is impressive, and the arguments about the role of local corporations in forging a path for intensifying central control of the economy and the usefulness of ethnic prejudice in this effort are convincing. Recommended."—K. E. Stapleton, CHOICE "In this ground-breaking book, [Giersch] has offered the reader important insights regarding the balance between local control and state directives in the twentieth-century economic development of southwest China."—James Anderson, H-Asia "Giersch, a brilliant writer who tells an engaging story about visionary figures, entices readers throughout the book with potential alternatives to disempowered development: What would have happened if indigenous communities were allowed to pursue their own developmental agenda? What could have been different if non-Han elites were more involved in the management of borderlands resources? Giersch encourages readers to boldly imagine how history could have unfolded differently. Tai elite Fang Kesheng ... for example, petitioned in1947for economic cooperation between the Chinese state and indigenous elites. If his proposal were taken more seriously, he might have been able to push back against the'power of private corporations'and the'developmental discourse of subordination'(p.192). Maoheng, once a trading giant in Yunnan, made significant progress in mechanizing textile production before the party-state took over management...and forced Yunnanese trade towns into'agrarian isolation'(p.200), all in the name of economic planning and borderlands development. Ifind the unfortunate turn of events heartrending ..."This well-researched book offers nuanced information and critical analysis about the rise and demise of private corporations in Yunnan and their implications on modern Chinese history. It is an important reading to anyone interested in the politics of economic development and ethnic inequality in Southwest China and beyond."—Chun-Yi Sun, China Review International
