China Merchants in Pictures

　　China Merchants, the first national enterprise in the modern history of China, has left behind rich historical documents since its establishment in 1872. This book is a private photo album of China Merchants. The photographs tell the stories of China Merchants that have spanned across three centuries, the most fluctuating periods in China’s economic and social developments, and help you to witness the great changes in the modern history of China from a special angle.