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Study Of China's Textile And Construction Companies

Posted on:2004-06-23Degree:DoctorType:Dissertation
Country:ChinaCandidate:Z H JinFull Text:PDF
GTID:1116360095962890Subject:China's modern history
Abstract/Summary:PDF Full Text Request
After the end of the Anti-Japanese War, the KMT government had to face several serious problems: the restoration of industrial production was constantly delayed and the shortage of consumer materials was severe. Moreover, there were problems in regulating supplies and demands in daily necessities, especially cotton products, which eventually became the major target of the floating speculation capital. Obviously, the stabilization of cotton products prices was urgent to maintain social orders and to recover the Chinese industry, therefore, it became the most significant part in the KMT economic policy. To solve this problem, the KMT took over the Japanese Cotton Industry in China and built the China Textile Industries Inc., arguably the biggest textile company in the world.The cotton industry was one of the most important industrial sector in the Chinese economy during the period from 1945 to 1949, when the KMT launched its final step toward the unification of China .In this sense, its policy on the cotton industry was very significant to the KMT. Focusing on the China Textile Industries Inc., this paper examines the changes of the KMT policy on the Chinese cotton industry after the Anti-Japanese War and subsequently explores the relationship of the KMT to the Chinese bourgeois class and its economy.Under the guidance of several councils (including the Textile Industry Control Commission, the Textile Industry Regulation Commission, the National Cotton, Yarn, and Cotton Product Control Commission), the China Textile Industries Inc. pursued a severe control on the cotton industry until it was taken over by the CCP in 1949. It can be said that the China Textile Industries Inc. and the KMT policy on the cotton industry played an important role in recovering the Chinese industrial production and stabilizing its cotton product prices. Compared to other industries, which took more time to restore after the eight-year Anti-Japanese War, the cotton industry was notably recovered within a short time.Even though it is certainly true that the severe policies of the China Textile Industries Inc. managed to control the cotton product prices, however, the inflation since 1948 made such policies and efforts ineffective. Moreover, the KMT severe control on prices was obviously conflicted against the Chinese bourgeois in the cotton industry. Such contradiction eventually broke off the relationship of the KMT to the Chinese bourgeois class, the very base of the KMT political power, and finally brought the collapse of the KMT government.
Keywords/Search Tags:the China Textile Industries Inc, KMT government, cotton textile industry, the Textile Industry Control Commission, the Textile Industry Regulation Commission, the National Cotton,Yarn,and Cotton Product Control Commission
PDF Full Text Request
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