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Examines the career and influence of Hu Kuang-Yung, a banker who was central figure in Chinese financial affairs in the mid and late 19th century.
Towards the end of the nineteenth century the British Empire was confronted by two great Chinese questions. The first of these questions (often known as the 'Far Eastern question') related specifically to the maintenance of British interests on the China Coast and the broader implications for British foreign policy in East Asia. While safeguarding British interests in the Far East presented British policymakers with a range of significant challenges, as they wrestled with this first Chinese question, another question kept knocking at the door. Since the eighteenth century, when plans for the establishment of a British colony at New South Wales had begun to materialize, Australia's potential relations with China had attracted considerable interest. During the first sixty years of European settlement, China retained a prominent place in both metropolitan and colonial schemes for the development of British Australia. From the 1850s, however, when large numbers of Cantonese miners travelled to the Pacific gold rushes, these earlier visions began to appear hopelessly naive. By the late 1880s the coming of the Chinese to Australia, and the reaction to their arrival, had developed into one of the most difficult issues within British imperial affairs. This book sets out to tell that story. Reaching back to the arrival of the British in the 1780s, it explores the early history of Australian engagement with China and traces the development of colonial Australia into an important point of contact between the British and Chinese Empires.
"The epic story of the rise and fall of the empire of cotton, its centrality in the world economy, and its making and remaking of global capitalism, [in which the author explores] how, in a remarkably brief period, European entrepreneurs and powerful statesmen recast the world's most significant manufacturing industry, combining imperial expansion and slave labor with new machines and wage workers to change the world"--