Empire of Silver: A New Monetary History of China

Written by:
Jin Xu
Narrated by:
Nancy Wu

Unabridged Audiobook

Ratings
Book
Narrator
Release Date
April 2021
Duration
12 hours 33 minutes
Summary
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.
Empire of Silver: A New Monetary History of China
This title is due for release on April 22, 2021.

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Empire of Silver: A New Monetary History of China
This title is due for release on April 22, 2021
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