The Yudahua Business Group in China's Early Industrializa...
Peng, Juanjuan![The Yudahua Business Group in China's Early Industrialization](https://support.digitalhusky.com/media/annotations/sorted/328/32816924/CHSBZCOP0332816924.jpg)
By tracing the history of Yudahua from the late nineteenth century to the middle of the twentieth century, this study analyzes a successful inland business model among textile companies in modern China. The steady growth of this enterprise relied primarily on its strategy to focus on low-end markets and to locate new mills in underdeveloped interior regions. This strategy further allowed the enterprise to pioneer industrialization in its host ...