Conclusion: State Power, Corporations and the Cement Industry
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This study concludes that China embraced both commercial and governmental forms of legal personality in its metamorphosis from an ancient to a modern state. The formation of the Republic in 1911 was a result of a struggle between the old and the new. This concluding chapter points out that behind this grandiose revolutionary frontage, legal personality was introduced covertly from the West without fanfare or notice but contributed to the collapse of the imperial system. Furthermore, cement was similarly introduced from the West, the manufacturing of which developed into a major national industry that played a part in the modernisation struggle of China, and it was developed within this modern framework created by legal personality.