Lords of the Rim

About this book

A history of Chinese expatriate economics written for the lay person which has received mainly positive reviews. Presenting an in-depth view of the outstanding success of expatriate Chinese business people around the Pacific Rim, the author begins with a potted history of China’s finance and business practices over the last three thousand years and the political reasons for the first tide of entrepreneurs to chance their luck overseas. Written by American historian Sterling Seagrave, it was substantially updated in a second edition published in 2010. Seagrave attempts to disclose the way these Chinese merchants do business, with each other and with others. He claims that many of these entrepreneurs, despite how many years or centuries they may have been settled in a particular country hold no real allegiance to any government or people except their ancestral clans and ‘home’ villages in China. The author also reveals some of the dubious and aggressive business practices these Lords of the Rim have adopted and mastered over the years. These tactics and their traditional work ethos go some way to explain their astonishing success and the huge hidden influence they exert on people and politics.