volvement of these groups as they reinvest in China. Understanding the institutions emerging in China will be a challenge for scholars of Chinese business history, but it may be the most rewarding aspect of our scholarship.
If the study of Chinese business history is in its infancy, it already shows prospects of being an important scholarly field. Potentially it should tell us a great deal about Chinese society, culture, government, and economy. In scholarly terms, it should provide a bridge from "area studies" to broadly comparative international research.