Topic > Shanghai and the Economic Rise of China - 1496

Dong Shanghai's book introduces us to Shanghai, a city born in greed and humiliation. Shanghai was like “the ugly daughter who grew up in the shadow of the defeat of the Heavenly Empire by outsiders in the Opium War. (p.2, Dong)” From the late 1800s to 1949, “in Shanghai, more than anywhere else in China, progressive-minded Chinese recognized the need for China to adopt modern enterprises and technologies. (p.66, Dong)”Shanghai, a port governed simultaneously by three separate municipal regimes, grew in the first half of the 20th century to become China's largest city for many important functions, such as trade, finance, production, journalism, publishing and education. However, the city had enclaves outside the immediate reach of the Chinese government, which allowed some parts of it to become havens of dissent. The West ruled Shanghai. During the period 1842-1949, Western countries not only wrote the rules for the Chinese and Western games played in China, but also changed the rules as they wished. In 2010, Edward Steinfeld, well known for his expertise in Chinese politics and economics, and international business developments, published the book Playing Our Game Why China's Rise Doesn't Threaten the West, in which he announced: " In essence, China today - a country at the height of its modernization revolution - is doing something it has historically never done before." . He's playing our game. (p.18)” Over the past decade, the world has witnessed the rise of China in a context characterized by rising levels of exports, enormous foreign exchange reserves, extraordinary growth rates and the sheer harshness of the system even in di in the face of severe global recessions. Many commentators have a certain level of suspicion in seeing this paper center of China...... inserted into the global system, a game written by the West because of the West's capacity for innovation and entrepreneurship. Going forward, neither the West nor China will be able to play the first game. All parties must work persistently to improve their performance. All parties may need to work together to write the rules together. Works CitedCollis, Maurice. Foreign Mud, 1946 Dong, Stella. Shanghai 1842-1949 The Rise and Fall of a Decadent City, 2001 Merriam-Webster Dictionary: http://merriam-webster.com/Mungello, DE “The Great Meeting of China and the West, 1500-1800” 2nd edition, Rowman & Littlefield Publishers, Inc. 2005Steinfeld, Edward S. Playing Our Game Why China's Economic Growth Does Not Threaten the West, 2010Hanes, Travis W. III and Sanello, Frank, the Opium Wars, the Addiction of one emperor and the corruption of another, 2002