Research On The Relationship Between Kin Cheng Banking And Beiyang Warlords(1917-1927)

In the early years of the republic of China,under the influence of the first world war,China’s national industry and commerce developed rapidly,which promoted the emergence and development of the banking industry.The development of modern banking industry reached an unprecedented climax.This paper focuses on the relationship between Kin cheng banking and Beiyang warlords from 1917 to 1927,and tries to reveal the relationship between Kin cheng banking and Beiyang warlords from the perspectives of equity change and bank business transactions.In the first chapter,the article introduces the warlord background of Kin cheng banking.When Kin cheng banking was founded,during the first World War,China’s capitalist development entered the golden age of development.A large number of warlords and bureaucrats invested in new industry and commerce.The direct factors of Kin cheng banking’s establishment were closely related to warlords of Anhui Department,and also related to the bank policy at that time and the help of Bank of communications.The second chapter discusses the dispute between Kin cheng banking and Beiyang warlord.Due to the influence of the political environment,the development of the bank is unsafe.In order to avoid the risk of too close communication with warlord bureaucrats,Kin cheng banking opened the distance between the bank and warlord bureaucrats by diluting the shareholders’equity of the northern warlord,expanding the categories of investors,and competing with the shareholders of the Northern Warlord for the control of the bank.The third chapter introduces the business development of Kin cheng banking from 1917 to 1927.At the beginning of its establishment,Kin cheng banking had a close relationship with the Northern Warlords.The deposit and loan businesses of the corresponding banks were basically carried out around warlords and bureaucrats.With the change of political power,in order to survive better,Kin cheng banking began to expand its business areas,and its banking business steadily improved.Kin cheng banking gradually broke away from the control of the Northern Warlords.The last chapter summarizes and analyzes the influence of the Northern Warlords on Kin cheng banking from 1917 to 1927.On the one hand,with the support of warlords,banks have established their foothold,established their basic business,promoted the development of modern finance and the process of industrialization in China;on the other hand,the limitations and backwardness of warlords have affected the normal development of banks.During the period from 1917 to 1927,Kin cheng banking first tried to attach itself to the northern warlords,which made it easier for the bank to obtain funds and position in its development.However,due to the uncertainty and feudalism of the northern warlords,Kin cheng banking gradually alienated the northern warlords in order to ensure the stability of the development of the ban.