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Taishang:A different kind of ethnic chinese business in southeast Asia

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Chapter Summary

This chapter argues that the taishang phenomenon in Southeast Asia should be understood first in terms of its capital formation and special characteristics, and second in terms of the influences of the political economy of the host countries. It tackles the issue of how the taishang have globalised their capital and business strategies to maintain their competitiveness in the world economy. The chapter also explains how the taishang have reorganised their industrial production networks and how they manage labour relations in Southeast Asia. It demonstrates that the mobilisation of ethnic Chinese human resources and the practice of authoritarian labour control have helped the taishang to consolidate and sustain their competitiveness in the contemporary world production system. The taishang have undoubtedly emerged as distinct ethnic Chinese transnational business entities in the modern capitalist world.

Keywords: capital formation; ethnic Chinese human resources; ethnic Chinese transnational business; industrial production networks; labour relations; political economy; Southeast Asia; taishang



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