RT Journal Article
T1 The Changing Significance of Latin American Silver in the Chinese Economy, 16th-19th Centuries
A1 von Glahn, Richard
K1 Silver
K1 Money supply
K1 Peso
K1 Coinage
K1 International trade
K1 Proyecto GECEM
AB The important role of Chinese demand for silver in stimulating worldwide silver-mining and shaping the first truly global trading system has become commonly recognised in the world history scholarship. The commercial dynamism of China during the 16th-19th centuries was integrally related to the importation of foreign silver, initially from Japan but principally from Latin America. Yet the significance of imports of Latin American silver for the Chinese economy changed substantially over these three centuries in tandem with the rhythms of China's domestic economy as well as the global trading system. This article traces these changes, including the adoption of a new standard money of account¿the yuan¿derived from the Spanish silver peso coin.
PB Cambridge University Press
SN 0212-6109
YR 2020
FD 2020-12-01
LK http://hdl.handle.net/10433/9158
UL http://hdl.handle.net/10433/9158
LA en
NO Revista De Historia Económica / Journal of Iberian and Latin American Economic History 38, no. 3 (2020): 553-85
NO GECEM Project (ERC-Starting Grant), ref. 679371, Horizon 2020, project hosted at UPO
DS RIO
RD May 22, 2026