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Empire of Silver

A New Monetary History of China

Empire of Silver

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PDF Sellsheet

Empire of Silver

Empire of Silver

A New Monetary History of China

Audio CD

04/22/2021

10 Audio CD

753 minutes

9781662080418

Audio Library Digital

04/22/2021

753 minutes

9781662081170

Audio Retail Digital

04/22/2021

753 minutes

9781662081521

Audio MP3 CD

04/22/2021

2 Audio MP3 CD

753 minutes

9781662081873

Playaway

04/22/2021

753 minutes

9781662082283

Description:

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.

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