Silver, Silk Roads and yuan internationalisation


STUDENTS of yuan internationalisation tend to forget that the globalisation of Chinese currency happened much earlier with copper coins, which were first standardised and minted in the Qin Dynasty (260BC-210BC).

My old Chinese art historian teacher used to tell me that Chinese coins and ceramic shards were the first durable global debris, easily found around the rubble sites from Sri Lankan temples to Egyptian pyramids.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , Think Asian , sheng , china , RMB

   

Next In Business News

Maybank IB forecasts 100-basis point hike in OPR over next 12 months Premium
FBM KLCI tumbles 12.22 points; Amlex hits limit up Premium
Copper sinks to 17-month low as slowdown fears mount Premium
Oil prices reverse losses, gain on tight supply concerns Premium
Shares wobble as Wall St futures slip, dollar stays firm Premium
No experience, no resume, you're hired! Hotels fight for staff Premium
Malaysia's terms of trade up 1% in May 2022 Premium
Asia-Pacific banking sector to declare RM922bil dividends for FY22 Premium
Bursa's relief rally fizzles on OPR fears Premium
Sime Darby divesting Weifang Port companies for RM1.27bil Premium

Others Also Read