From Dragon to Phoenix The Evolution of Chinese Cu
Ancient Origins
The history of currency in China dates back over 3,000 years, with the earliest forms being cowry shells and bronze coins featuring dragon designs. These early currencies were used during the Shang Dynasty (16th-11th centuries BCE) and played a crucial role in facilitating trade and commerce.
Warring States Period - The Emergence of Copper Coins
During the Warring States period (475-221 BCE), copper was widely used for minting coins. These early coins featured various symbols, including dragons, phoenixes, and other mythical creatures that would later become synonymous with Chinese culture.
Qin Unification - Standardizing Currency
After unifying China under one rule during the Qin Dynasty (221-206 BCE), Emperor Qin Shi Huangdi introduced standardized weights and measures, including a uniform system of currency based on copper cash coins featuring his portrait or imperial seals.
Han Dynasty - Silver as a Medium of Exchange
In the Han Dynasty (206 BCE-220 CE), silver became increasingly popular as a medium of exchange due to its rarity and durability compared to copper cash coins. This shift towards silver was further solidified by Emperor Wu Di who issued gold ingots known as "liang" or "tael."
Tang Dynasty - Paper Money Revolutionizes Trade
The Tang Dynasty (618-907 CE) is renowned for its paper money innovations which revolutionized trade across Asia along the Silk Road route connecting Europe to China via Central Asia.
Song-Yuan-Ming Transition: Return to Copper Cash Coins
As economic instability plagued China during the Song-Yuan-Ming transition period between 960 CE and 1644 CE, copper cash coin production resumed prominence over paper money due to their increased stability amid economic turmoil.
Ming-Qing Transition: Silver Tael Dominance Continues
Qing Empire's Gold Coin Era
Republic Era & Beyond: From Yuan Through Renminbi
10.Conclusion
