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Ancient China was often connected to the rest of the world through trade, not only along the famous Silk Road but also via merchant ships that sailed the Indian Ocean, connecting East Asia to the Middle East, Europe, and Africa.
The increasingly productive farming economy of China provided the foundations for the development of one of the great civilizations of world history: trade and industry expanded, new social classes emerged, political institutions became more complex, culture grew in sophistication.
Initially, commerce did not play an important role in ancient China. However, starting from the 6th century bce, China experienced unprecedented growth in this area. Land became privatized and a highly sought-after commodity, contracts began to be widely used in transactions, some sort of market network emerged, and merchants started to exert ...
The economy of the Han dynasty (206 BC – 220 AD) of ancient China experienced upward and downward movements in its economic cycle, periods of economic prosperity and decline.
The economic history of China covers thousands of years and the region has undergone alternating cycles of prosperity and decline. China, for the last two millennia, was one of the world's largest and most advanced economies.
Chinese economy from the legendary period down to the end of the third century B.C., the book affords valuable materials for the study of China's earlier economic history as well.
provide concerning the basic structures of the social history of early China. What follows here is a translation and commentary on the relevant portions of an early economic text; the next section surveys very briefly issues of technological change in agriculture, metallurgy, and water conservancy.
The economic history of China is covered in the following articles: Economic history of China before 1912, the economic history of China during the ancient China and imperial China, before the establishment of the Republic of China in 1912.
In this comprehensive but accessible study, Richard von Glahn examines the institutional foundations, continuities and discontinuities in China’s economic development over three millennia, from the Bronze Age to the early twentieth century.
Swann, Nancy Lee, Food and Money in Ancient China: The Earliest Economic History of China to a.d. 25 (Princeton, Princeton University Press, 1950).Google Scholar