Abstract

The book concludes by pointing out that by 1960, and despite the PRC’s grand display of solidarity in the repatriation of Indonesian Overseas Chinese refugees, promises that New China had offered to the Overseas Chinese had been broken, and even being Overseas Chinese was a liability. The story of the Overseas Chinese and the PRC through the 1950s reveals that even as the CCP lurched from cynical utilitarianism to radical coercion, even ‘favourable treatment’ neither succeeded in catering to Overseas Chinese interests, nor raise remittance levels. Thus, by the decade’s end, all that had transpired was the payment of a heavy price, for very little in return. This, as the book concludes, places contemporary exhortations by the PRC to the modern-day Chinese diaspora in problematic light, and demands that the historical bases for PRC Overseas Chinese policy be more properly understood.

The Price and Promise of Specialness

The Political Economy of Overseas Chinese Policy in the People’s Republic of China, 1949–1959

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