Arbitrage over the Beilun/Kalong River: Chinese Adjustments to Border Trade Practices in Vietnam

2018 ◽  
pp. 185-200 ◽  
Author(s):  
Caroline Grillot

This chapter examines the case of Móng Cái, a Vietnamese city dedicated to border trade with China. Here, Chinese entrepreneurs face restricting local policies and challenging Vietnamese negotiators. To establish sustainable partnerships, Chinese traders must compromise with diverse business ethics and strategies in a context of diplomatic frictions and economic crisis. Border trade practices regarding capital transactions, goods transport, and people’s circulation are all framed in both legal and illicit ways. Their unreliability contributes to conflicting relationships between economic agents and threatens collaborative commercial projects in Vietnam. By looking at transportation logistics, this chapter sheds light on how conflicting approaches of cross-border trade impede the implementation of a regional economic agenda focused on commercial cooperation.

2015 ◽  
Author(s):  
Sally Peberdy ◽  
Jonathan Crush ◽  
Daniel Tevera ◽  
Eugene Campbell ◽  
Ines Raimundo ◽  
...  

2015 ◽  
Vol 10 (2) ◽  
pp. 259-283 ◽  
Author(s):  
Simone M. Müller ◽  
Heidi J.S. Tworek

AbstractThis article uses the example of submarine telegraphy to trace the interdependence between global communications and modern capitalism. It uncovers how cable entrepreneurs created the global telegraph network based upon particular understandings of cross-border trade, while economists such as John Maynard Keynes and John Hobson saw global communications as the foundation for capitalist exchange. Global telegraphic networks were constructed to support extant capitalist systems until the 1890s, when states and corporations began to lay telegraph cables to open up new markets, particularly in Asia and Latin America, as well as for strategic and military reasons. The article examines how the interaction between telegraphy and capitalism created particular geographical spaces and social orders despite opposition from myriad Western and non-Western groups. It argues that scholars need to account for the role of infrastructure in creating asymmetrical information and access to trade that have continued to the present day.


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