The Chinese Overseas Singapore Confucianism in Singapore Malaysia
- Slides: 23
The Chinese Overseas
Singapore
Confucianism in Singapore
Malaysia
Thailand
Vietnam
Indonesia • 5 to 6 million ethnic Chinese (<3% popul. )
Philippines
Patterns of Migration • Main patterns of Chinese migration – Trade – Labor – Exile –. . .
Ancient Trade Routes
Labor Migration
Chinese migration overseas • Social pressures from the mainland – political turmoil, famine, natural disaster, Communist and Cultural Revolution, etc. • emigration from coastal provinces – Guangdong, Fujian, Hainan, etc. – waves of migration to established communities • tight economic and psychological contact with their home regions
Southeast Asia • Regional foundation for the socioeconomic network – transnational flow of people and wealth – regional dialect and kinship – define capitalism in Southeast Asia today
Selective solidarity • Ethnic Chinese remain significantly Chinese – bound to China and to Confucian ethics – unite clans and provide basis for cooperation • often hostile environment – discrimination, displacement, and violence – resentment against disproportionate control of wealth
Chinese capitalism • Environment of insecurity and mistrust • mentality to ensure survival and fuel success • entrepreneurial spirit and wealth creation became essential • family and its internal hierarchy are at the center of economic life – family enterprises
Chinese business network • extensive networks of small and mediumsized firms instead of conglomerates • networks of trust had to be extended beyond family
Chinese business network • Environment of rudimentary capital market, limited financial disclosure, and weak contract law • social networks became critical to moving economic resources across political boundaries • confidence and trust replace contracts as major guarantees of commitment
Chinese business networks • Tight network structures • flexibility and quick response to changing circumstances and opportunities • cultivating networks between politicians and Chinese firms – changes and transformation in recent years • transnational operations – economic linkages with China’s mainland
World Bank estimates • Total economic output of the 55 million ethnic Chinese in Southeast Asia – 400 billion US$ in 1991 – 600 billion US$ in 1996 • ethnic Chinese control 500 of the largest public corporations in Southeast Asia – total assets of 500 billion US$
Less visible assets • Private enterprises owned by ethnic Chinese • ethnic and social networks among ethnic Chinese businesses • crucial bonds and coordinating agents between the economies of Southeast Asia • underlying principles, norms, activities, and informal relationships
- Neo confucianism vs confucianism
- Neo confucianism vs confucianism
- Confucianism vs taoism
- Confucian values
- Overseas chinese population
- Why did singapore merge with malaysia
- Primary 3 malay worksheets
- Malaysia malaysia malaysiansleereuters
- Lesson 1 europeans explore overseas
- Topic 5 review questions new global connections answer key
- Cdc jobs overseas
- Portfolium suss
- Monash law exchange
- Ktk overseas ag
- American international school rome
- Europeans explore overseas
- Overseas private investment corp
- Building overseas empires
- Zip trading
- Confucianism when did it start
- Buddhist eightfold path
- Taoism vs confucianism
- Confucious facts
- Monotheism chart judaism christianity islam