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Chinese Money in Global Context explores the evolution of China's monetary system through a series of significant historical moments, placing them within an international framework. The study skillfully integrates primary sources written in multiple languages across three millennia to illustrate the journey of Chinese currencyfrom its inception as coinage to its contemporary global role during the financial crisis.
Author Niv Horesh masterfully weaves this comprehensive narrative that charts China's monetary development alongside others, with a particular focus on seminal events like the origin of paper money. The book delves deeply into how China's finance intertwined with Western ascency and mineral wealth, examines pre-modern finance in relation to political economy, and speculates about the future globalization prospects for the RMB Renminbi amidst the growing influence of the People's Republic of China on global financial landscapes.
This insightful analysis offers a fresh perspective on China's financial system's historical legacy and contemporary significancehighlighting how it has shaped international economic dynamics over centuries.
About the Author
Niv Horesh is an Associate Professor in Chinese Studies at the University of Western Sydney and a Senior Fellow at the University of Nottingham's China Policy Institute. He is recognized for his expertise on finance, monetary policy, and the historical context of Chinese financial systems. His previous work includes Shangh's Bund and Beyond: British Banks, Banknote Issuance, and Monetary Policy in China, 1842-1937, which delved into complex banking dynamics within China.
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Global History of Chinese Currency Evolution Ancient to Modern Chinese Monetary System International Impact of Chinese Finance Journey of Paper Money in China Chinese RMBs Role in Global Economy Chinese Studies and Contemporary Economics Integration