Chinese Business in Malaysia
Accumulation, Accommodation and Ascendance
By (author) Terence Gomez
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Chinese Business in Malaysia by Terence Gomez
Book DescriptionChinese companies have managed to perform well in Malaysia, especially after the recession in the mid-1980s, due to a clear change in the Malay dominated government's attitude to Chinese capital. Despite the problems that prevail among UMNO politicians, the government has provided a stable economic environment and offers opportunities for domestic private investment, even for the Chinese. Given these circumstances, it does appear that Chinese capital in Malaysia has reasonable prospects for further growth in the immediate future. This study examines the dominant role of Chinese capital in the economy, providing in-depth empirical research on its mode of development and styles of operation. Covering the period from colonial times to the present day this study identifies key issues pertaining to Chinese business operations in Malaysia: ownership and control patterns, style of growth, relations with the state, politicians and other Chinese businessmen, and the manner of development of business abroad, whilst debunking the theory that large-scale Chinese capital is not very entrepreneurial in nature.
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Book DetailsISBN: 9780700710935
(234mm x 156mm x 16mm)
Publisher: Taylor & Francis Ltd
Publish Date: 22-Feb-1999
Country of Publication: United Kingdom
Books By Author Terence Gomez
State, Development and Identity in Multi-ethnic Societies, Hardback (March 2008)
Examines ethnic communities, identity, economy, society and state, and the links between them, in a range of countries across Asia, challenging the belief that an authoritarian political system is necessary to ensure communal co-existence in developing countries where ethnic minorities have a considerable economic presence.
Chinese Enterprise, Transnationalism and Identity, Hardback (November 2003)» View all books by Terence Gomez
Focusing on the Chinese community, this text examines the issues surrounding enterprise development from national and transnational perspectives. It argues that Chinese enterprise is accelerated by intra-ethnic competition rather than intra-ethnic co-operation, and that businessmen work in their own interest, not that of the Chinese community.
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