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The Monetary System in Northeast China in the Fengxi Period

董昕 1 조정은 2 홍영미 3

1동아대학교
2日本東京大
3경희대학교

Candidate

ABSTRACT

Themonetarysystem innortheastChinaisverycomplicatedintheFengxi period.ItwasalsoatypicalrepresentativeregionoftheChinesechaosmonetary system atthattime.ThecurrencyissuedbyChinesefinancialinstitutionscould bedividedintotwokinds:silverstandardandcopperstandard,eachhavinghard currency kind and paper currency kind, circulating in different areas. Furthermore,therearemanykindsofsmallamountcurrenciesissuedbyprivate businessmen,alsocirculatedinalimitedarea.Forforeigncurrencies,themainly circulation kindsin northeastChina were Russian currency and Japanese currency.Theycouldalsobedividedintothesilverstandardkindandthegold standardkind.Themainreasonsforthechaosofthemonetarysystem innortheastChinainthatperiodcouldbeanalyzedasfollowing:themixedusingof metalliccurrencyandpapermoneyinthesametimeplusthemixedusingofsilverdollarandtael;thepowerofcurrencyissuewasverydispersedandexcessive issue;theinvasionoftheforeigncurrencysystem;theinternationalfinancialsituation’schangesandinfluencesandsoon

Citation status

* References for papers published after 2023 are currently being built.