Empire of Silver: A New Monetary History of China by Jin Xu EPUB
- CategoryOther
- TypeE-Books
- LanguageEnglish
- Total size1.4 MB
- Uploaded Byzakareya
- Downloads194
- Last checkedMar. 09th '21
- Date uploadedMar. 07th '21
- Seeders 21
- Leechers1
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Empire of Silver: A New Monetary History of China by Jin Xu EPUB
This revelatory account of the ways silver shaped Chinese history shows how an obsession with “white metal” held China back from financial modernization. First used as currency during the Song dynasty in around 900 CE, silver gradually became central to China’s economic framework and was officially monetized in the middle of the Ming dynasty during the 16th century. However, due to the early adoption of paper money in China, silver was not formed into coins but became a cumbersome “weighing currency”, for which ingots had to be constantly examined for weight and purity - an unwieldy practice that lasted for centuries.
While China’s interest in silver spurred new avenues of trade and helped increase the country’s global economic footprint, Jin Xu argues that, in the long run, silver played a key role in the struggles and entanglements that led to the decline of the Chinese empire.
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Files:
Empire of Silver_ A New Monetary History of China by Jin Xu EPUB- Empire of Silver_ A New Monetary History of China by Jin Xu.epub (1.4 MB)
- free audiobook version.txt (1.0 KB)
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