In the late nineteenth century, as much of the world adopted some variant of the gold standard, China remained the most populous country still using silver. Yet China had no unified national currency; there was not one monetary standard but many. Silver coins circulated alongside chunks of silver and every transaction became an "encounter of wits." China and the End of Global Silver, 1873–1937 focuses on how officials, policy makers, bankers, merchants, academics, and journalists in China and around the world answered a simple question: how should China change its monetary system? Far from a narrow, technical issue, Chinese monetary reform is a dramatic story full of political revolutions, economic depressions, chance, and contingency. As different governments in China attempted to create a unified monetary standard in the late nineteenth and early twentieth century, the United States, England, and Japan tried to shape the direction of Chinese monetary reform for their own benefit. Austin Dean argues convincingly that the Silver Era in world history ended owing to the interaction of imperial competition in East Asia and the state-building projects of different governments in China. When the Nationalist government of China went off the silver standard in 1935, it marked a key moment not just in Chinese history but in world history.

The most striking feature of Wutong, the preeminent God of Wealth in late imperial China, was the deity’s diabolical character. Wutong was perceived not as a heroic figure or paragon but rather as an embodiment of greed and lust, a maleficent demon who preyed on the weak and vulnerable. In The Sinister Way, Richard von Glahn examines the emergence and evolution of the Wutong cult within the larger framework of the historical development of Chinese popular or vernacular religion—as opposed to institutional religions such as Buddhism or Daoism. Von Glahn’s study, spanning three millennia, gives due recognition to the morally ambivalent and demonic aspects of divine power within the common Chinese religious culture. Surveying Chinese religion from 1000 BCE to the beginning of the twentieth century, The Sinister Way views the Wutong cult as by no means an aberration. In Von Glahn’s work we see how, from earliest times, the Chinese imagined an enchanted world populated by fiendish fairies and goblins, ancient stones and trees that spring suddenly to life, ghosts of the unshriven dead, and the blood-eating spirits of the mountains and forests. From earliest times, too, we find in Chinese religious culture an abiding tension between two fundamental orientations: on one hand, belief in the power of sacrifice and exorcism to win blessings and avert calamity through direct appeal to a multitude of gods; on the other, faith in an all-encompassing moral equilibrium inhering in the cosmos.

A thousand-year history of how China’s obsession with silver influenced the country’s financial well-being, global standing, and political stability 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.

Transcending ethnic, linguistic, and religious boundaries, early empires shaped thousands of years of world history. Yet despite the global prominence of empire, individual cases are often studied in isolation. This series seeks to change the terms of the debate by promoting cross-cultural, comparative, and transdisciplinary perspectives on imperial state formation prior to the European colonial expansion. Two thousand years ago, up to one-half of the human species was contained within two political systems, the Roman empire in western Eurasia (centered on the Mediterranean Sea) and the Han empire in eastern Eurasia (centered on the great North China Plain). Both empires were broadly comparable in terms of size and population, and even largely coextensive in chronological terms (221 BCE to 220 CE for the Qin/Han empire, c. 200 BCE to 395 CE for the unified Roman empire). At the most basic level of resolution, the circumstances of their creation are not very different. In the East, the Shang and Western Zhou periods created a shared cultural framework for the Warring States, with the gradual consolidation of numerous small polities into a handful of large kingdoms which were finally united by the westernmost marcher state of Qin. In the Mediterranean, we can observe comparable political fragmentation and gradual expansion of a unifying civilization, Greek in this case, followed by the gradual formation of a handful of major warring states (the Hellenistic kingdoms in the east, Rome-Italy, Syracuse and Carthage in the west), and likewise eventual unification by the westernmost marcher state, the Roman-led Italian confederation. Subsequent destabilization occurred again in strikingly similar ways: both empires came to be divided into two halves, one that contained the original core but was more exposed to the main barbarian periphery (the west in the Roman case, the north in China), and a traditionalist half in the east (Rome) and south (China). These processes of initial convergence and subsequent divergence in Eurasian state formation have never been the object of systematic comparative analysis. This volume, which brings together experts in the history of the ancient Mediterranean and early China, makes a first step in this direction, by presenting a series of comparative case studies on clearly defined aspects of state formation in early eastern and western Eurasia, focusing on the process of initial developmental convergence. It includes a general introduction that makes the case for a comparative approach; a broad sketch of the character of state formation in western and eastern Eurasia during the final millennium of antiquity; and six thematically connected case studies of particularly salient aspects of this process.

This book employs textual and archaeological material to reconstruct the various features of daily life in ancient China.

Chinese Money in Global Context: Historic Junctures Between 600 BCE and 2012 offers a groundbreaking interpretation of the Chinese monetary system, charting its evolution by examining key moments in history and placing them in international perspective. Expertly navigating primary sources in multiple languages and across three millennia, Niv Horesh explores the trajectory of Chinese currency from the birth of coinage to the current global financial crisis. His narrative highlights the way that Chinese money developed in relation to the currencies of other countries, paying special attention to the origins of paper money; the relationship between the West's ascendancy and its mineral riches; the linkages between pre-modern finance and political economy; and looking ahead to the possible globalization of the RMB, the currency of the People's Republic of China. This analysis casts new light on the legacy of China's financial system both retrospectively and at present—when China's global influence looms large.

In 221 bc the First Emperor of Qin unified the lands that would become the heart of a Chinese empire. Though forged by conquest, this vast domain depended for its political survival on a fundamental reshaping of Chinese culture. With this informative book, we are present at the creation of an ancient imperial order whose major features would endure for two millennia. The Qin and Han constitute the "classical period" of Chinese history--a role played by the Greeks and Romans in the West. Mark Edward Lewis highlights the key challenges faced by the court officials and scholars who set about governing an empire of such scale and diversity of peoples. He traces the drastic measures taken to transcend, without eliminating, these regional differences: the invention of the emperor as the divine embodiment of the state; the establishment of a common script for communication and a state-sponsored canon for the propagation of Confucian ideals; the flourishing of the great families, whose domination of local society rested on wealth, landholding, and elaborate kinship structures; the demilitarization of the interior; and the impact of non-Chinese warrior-nomads in setting the boundaries of an emerging Chinese identity. The first of a six-volume series on the history of imperial China, The Early Chinese Empires illuminates many formative events in China's long history of imperialism--events whose residual influence can still be discerned today.

This publication brings together the results of metallurgical analysis on Chinese coins undertaken at the British Museum during the last 15 years. The largest project looked at the metal content of Chinese cash coins over a period of more than 2,000 years. Although the results of the survey were published in 1989, the full details of the survey and photographs of the coins tested are presented here for the first time, along with an introduction by Joe Cribb and comments by Michael Cowell. Since then, smaller metallurgical projects have been undertaken at the British Museum, looking at specific questions, such as the iron content of Song dynasty coins, the brass content of Qing dynasty coins, and the question of metal supply for Qing dynasty coins. The results of these projects are brought together here for ease of reference, and are presented in chronological order of the material examined. In the last decade, numismatists and scientists in China have also been looking at similar questions, using coins from archaeological sites. Zhou Weirong's new book, Chinese Coins: Alloy Composition and Metallurgical Research, is now available, and an English version of the introduction, postscript and contents pages are published here.

A broadly-illustrated overview of the contemporary state of Greco-Roman numismatic scholarship.