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State intervention in East Asia’s varieties of capitalism: A case study of the electric power industry in China and Japan, 1882–1951

Chenxiao Xia

Business History, 2021, vol. 63, issue 8, 1309-1326

Abstract: This article studies the history of state intervention in East Asia’s varieties of capitalism through a case study of the electric power industry. The reasons for state intervention in China and Japan, their similarities and differences, and their relative importance are described and analysed. The origin and evolution of the different national models of state–business relations in the two countries are influenced by domestic factors such as national defence and internal unification, as well as external circumstances such as colonialism, occupation, and war.

Date: 2021
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DOI: 10.1080/00076791.2019.1642326

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