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The Yudahua Business Group in China's Early Industrialization
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2020
Summary
By tracing the history of Yudahua from the late nineteenth century to the middle of the twentieth century, this study analyzes a successful inland business model among textile companies in modern China. The steady growth of this enterprise relied primarily on its strategy to focus on low-end markets and to locate new mills in underdeveloped interior regions. This strategy further allowed the enterprise to pioneer industrialization in its host localities, demonstrating a major social and economic impact on the local societies. At the same time, Yudahua’s unique team leadership pattern—five leading families shared its ownership and management—made the business an atypical family firm and allowed relatively easy institutional departure from Chinese social networks and adoption of Western corporate hierarchy. Therefore, by the late 1940s, Yudahua had gradually developed into a fairly integrated business group with a unified management structure and routinized connections between its member mills, which differed noticeably from the loose alliances normally found in other early twentieth-century Chinese business conglomerates.
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Bibliographic data
Copyright year
2020
ISBN-Print
978-1-4985-0701-1
ISBN-Online
978-1-4985-0702-8
Publisher
Lexington, Lanham
Language
English
Pages
183
Product type
Book Titles
Table of contents
ChapterPages
Contents No access
Introduction No access
1 From the Hubei Textile Bureau to the Chuxing Company No access
2 Managers and Technocrats No access
3 Daxing and Yuhua No access
4 Yudahua No access
5 From the Japanese Occupation to the Communist Liberation No access
6 Revisiting the Wartime Legacy No access
Conclusion No access Pages 149 - 154
Abbreviations No access Pages 155 - 156
Glossary of Selected Chinese Names and Terms No access Pages 157 - 162
