Yung-Tai Hsu & 徐永泰 
From the Cradle to the Craze 
China’s Indigenous Automobile Industry

In the last three decades, China progressed from being nearly a truck-only producer to becoming the largest producer of passenger and commercial cars. The period 2001- 2013 is a period of ‘blowout’ in the Chinese automobile industry. To date, little is known regarding this emerging automobile industry which only started in the 1980s: What are the features of Chinese automobile industry? Has the Chinese automobile industry become a global player which also reached economy of scale? How is the indigenous automobile sector different from international joint ventures in China? Have Chinese companies gained full transfer of technology and possess the capacity to develop their own designs? This book intends to address these questions by examining its complicated and contradictory facts and interpretations through focusing on the Chinese indigenous automobile sector. The historical appraisal of the industry’s initial development, its difficulty in transition and the internal-external factors affecting the later growth will help us understand the industrial and technological development of China’s emerging economy.

About Dr. Yung-Tai Hsu: Education: D. Phil in Economic History, St. John’s College, Oxford University Position: Chairman and President of Pacific Best Inc.Written Works: 1. ‘Remembering Oxford’, 2002, 2014; 2. ‘Close Encounter with Britain: Views from an Oxford-Educated Chinese’ 2013 (EHGBooks) 

徐永泰於1971年赴牛津大學讀書，1974年取得碩士，在國際船運公司服務，1981年自行創業，成立PACIFIC BEST INC 集團，2006年暫時放下公司業務，再赴牛津攻讀博士，當時他是58歲，2010年5月獲牛津大學得經濟史博士。