Abstract
In the previous chapters we have examined the political and economic environment in which private British businesses were compelled to operate. This chapter will examine the process of British commercial withdrawal from China as a direct consequence of pressures from all directions and loss of confidence. The Chinese government seemed to have finally made up its mind by mid-1952. Without a push from the political front, a clear-cut solution to the closures would not have been possible. While it is evident that British firms began to close down and leave China from the very early days of the People’s Republic, if not earlier, this chapter will focus on those who shared similar problems but whose decisions to leave were compelled in the end by the deterioration of Sino-British relations after the outbreak of the Korean conflict.
All the good things of this world are no further good than as they are of use.
Daniel Defoe
The next dreadful thing to a battle lost is a battle won.
Duke of Wellington
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 1991 Wenguang Shao
About this chapter
Cite this chapter
Shao, W. (1991). The Departure. In: China, Britain and Businessmen. St Antony’s/Macmillan Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11993-6_5
Download citation
DOI: https://doi.org/10.1007/978-1-349-11993-6_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-11995-0
Online ISBN: 978-1-349-11993-6
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)