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Chinese Money in Global ContextHistoric Junctures Between 600 BCE and 2012$
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Niv Horesh

Print publication date: 2013

Print ISBN-13: 9780804787192

Published to Stanford Scholarship Online: September 2014

DOI: 10.11126/stanford/9780804787192.001.0001

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Paper Money in Qing China

Paper Money in Qing China

Exactly How Common and Reliable Was It by the Early Twentieth Century?

Chapter:
(p.120) (p.121) Chapter Four Paper Money in Qing China
Source:
Chinese Money in Global Context
Author(s):

Niv Horesh

Publisher:
Stanford University Press
DOI:10.11126/stanford/9780804787192.003.0005

Western sources by and large did not provide an incisive answer as to the question of precisely why government and privately-issued paper money went into decline in China through much of the late imperial era: how and precisely when privately issued notes reemerged and how important a component they were within the late imperial monetary system. Neither did they explain in great detail whether the gradual reemergence of privately issued banknotes in China—which could be traced back to the latter part of the eighteenth century at the earliest—had anything to do with global financial stimuli. This chapter is designed to correct the gap in the academic literature on these issues.

Keywords:   Qing Dynasty, Huang Zongxi, chaoguan, Wang Maoyin, Karl Marx, Xianfeng Inflation, Mexican dollar, Liang Qichao, Huang Zunxian, Fuzhou

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