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Description de l’éditeur
"In vivid detail... examines the little-known history of two extraordinary dynasties."--The Boston Globe
"Not just a brilliant, well-researched, and highly readable book about China's past, it also reveals the contingencies and ironic twists of fate in China's modern history."--LA Review of Books
An epic, multigenerational story of two rival dynasties who flourished in Shanghai and Hong Kong as twentieth-century China surged into the modern era, from the Pulitzer Prize-winning journalist
Shanghai, 1936. The Cathay Hotel, located on the city's famous waterfront, is one of the most glamorous in the world. Built by Victor Sassoon--billionaire playboy and scion of the Sassoon dynasty--the hotel hosts a who's who of global celebrities: Noel Coward has written a draft of Private Lives in his suite and Charlie Chaplin has entertained his wife-to-be. And a few miles away, Mao and the nascent Communist Party have been plotting revolution.
By the 1930s, the Sassoons had been doing business in China for a century, rivaled in wealth and influence by only one other dynasty--the Kadoories. These two Jewish families, both originally from Baghdad, stood astride Chinese business and politics for more than 175 years, profiting from the Opium Wars; surviving Japanese occupation; courting Chiang Kai-shek; and losing nearly everything as the Communists swept into power. In The Last Kings of Shanghai, Jonathan Kaufman tells the remarkable history of how these families participated in an economic boom that opened China to the world, but remained blind to the country's deep inequality and to the political turmoil at their doorsteps. In a story stretching from Baghdad to Hong Kong to Shanghai to London, Kaufman enters the lives and minds of these ambitious men and women to forge a tale of opium smuggling, family rivalry, political intrigue, and survival.
The book lays bare the moral compromises of the Kadoories and the Sassoons--and their exceptional foresight, success, and generosity. At the height of World War II, they joined together to rescue and protect eighteen thousand Jewish refugees fleeing Nazism. Though their stay in China started out as a business opportunity, the country became a home they were reluctant to leave, even on the eve of revolution. The lavish buildings they built and the booming businesses they nurtured continue to define Shanghai and Hong Kong to this day. As the United States confronts China's rise, and China grapples with the pressures of breakneck modernization and global power, the long-hidden odysseys of the Sassoons and the Kadoories hold a key to understanding the present moment.
Journalist Kaufman (A Hole in the Heart of the World) documents the "profound" impact of two Baghdadi Jewish families on modern China's economic development in this eloquent and well-sourced history. Participants in the 19th-century opium trade, the Sassoons (known as the "Rothschilds of Asia") and the Kadoories built their fortunes "on low wages and unfair competition," according to Kaufman. Yet patriarchs Victor Sassoon and Elly Kadoorie played key roles in wrenching China "from a sclerotic feudal society into a modern industrial one" in the first half of the 20th century by developing luxury hotels, banks, utilities, and other major economic projects in Shanghai, before losing "almost everything" in the 1949 communist revolution. Victor Sassoon provided food and vocational training for his Chinese employees, for example, while Elly's son, Horace, advocated on behalf of refugee farmers after fleeing to Hong Kong during the communist takeover. Rivals more often than allies, the two families nevertheless joined forces during WWII to protect 18,000 European Jews fleeing Nazi Germany. Kaufman writes with style and strikes a careful balance between holding the families accountable for their "colonial assumptions" and celebrating their accomplishments. This richly detailed account illuminates an underexamined overlap between modern Jewish and Chinese history.