Empire of Silver is popular PDF and ePub book, written by Jin Xu in 2021-02-23, it is a fantastic choice for those who relish reading online the History genre. Let's immerse ourselves in this engaging History book by exploring the summary and details provided below. Remember, Empire of Silver can be Read Online from any device for your convenience.
Empire of Silver Book PDF Summary
A thousand-year history of how China’s obsession with silver influenced the country’s financial well-being, global standing, and political stability 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 sixteenth 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.
Detail Book of Empire of Silver PDF
- Author : Jin Xu
- Release : 23 February 2021
- Publisher : Yale University Press
- ISBN : 9780300258271
- Genre : History
- Total Page : 385 pages
- Language : English
- PDF File Size : 8,8 Mb
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