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Arts, Sciences, and Engineering
Department of History
Areas of expertise: Modern China, Modern East Asia including Japan and Korea, Chinese economic history.
In the News
Rochester Democrat & Chronicle
Families ready to mark the Year of the Rabbit
February 04, 2011
As a scholar of East Asian history, Professor Zhang is a resource for general questions about modern China, Japan, and Korea. Her current research focuses on the nature of foreign debt in China during the first half of the 20th century. Although today China is flush with foreign reserves, Zhang points out that only a few decades ago the country was plagued by debt and, in fact, defaulted on its loans three times by 1949. Her research, which focuses on why and how the country fell into such destructive spending patterns, has implications for understanding contemporary China. Zhang speculates that China's current leaders were influenced by the trauma of those earlier defaults and that those experiences underlie the country's ongoing "obsession with storing up huge foreign reserves."