1.

Record Nr.

UNINA9910787640903321

Autore

Horesh Niv

Titolo

Chinese money in global context : historic junctures between 600 BCE and 2012 / / Niv Horesh

Pubbl/distr/stampa

Stanford, California : , : Stanford Economics and Finance, an imprint of Stanford University Press, , [2014]

©2014

ISBN

0-8047-8854-5

Descrizione fisica

1 online resource (xii, 364 pages) : illustrations (black and white)

Disciplina

332.4/951

Soggetti

Money - China - History

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

A common origin for coinage? -- From coinage to paper money : the origins and evolution of Chinese and western banknotes in comparison -- The great money divergence : European and Chinese coinage before the age of steam -- Paper money in Qing China : exactly how common and reliable was it by the early 20th century ? -- British banknote issuance in China : cross-imperial connections -- Japanese colonial banking and monetary reform : China, Korea and Taiwan, 1879-1937 -- Will the RMB go global?

Sommario/riassunto

Chinese Money in Global Context: Historic Junctures Between 600 BCE and 2012 offers a groundbreaking interpretation of the Chinese monetary system, charting its evolution by examining key moments in history and placing them in international perspective. Expertly navigating primary sources in multiple languages and across three millennia, Niv Horesh explores the trajectory of Chinese currency from the birth of coinage to the current global financial crisis. His narrative highlights the way that Chinese money developed in relation to the currencies of other countries, paying special attention to the origins of paper money; the relationship between the West's ascendancy and its mineral riches; the linkages between pre-modern finance and political economy; and looking ahead to the possible globalization of the RMB, the currency of the People's Republic of China. This analysis casts new light on the legacy of China's financial system both retrospectively and



at present—when China's global influence looms large.