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Deutsch-Asiatische Bank
Deutsch-Asiatische Bank (DAB) () was a foreign bank in China. Its principal activity was trade financing, but together with English and French banks, it also played a role in the underwriting of bonds for the Chinese government and in the financing of railway construction in China. History Deutsche-Asiatische Bank was founded in Shanghai on 12 February 1889 with the participation of Deutsche Bank, one of the largest banks in Germany. At the time, it was the first large non-British bank to enter the Chinese market. It set up branches in Calcutta (1895), Tianjin (1890), Hankou (1897), Qingdao (1897), Hong Kong (1900), Yokohama (1905), Kobe (1906), Singapore (1906), Beijing (1910), Guangzhou (1910) and Jinan (1914). Until World War I, it developed a cooperative relationship with the Hong Kong and Shanghai Banking Corporation against encroachments by competing foreign banks from France, Japan and Russia. In 1906, the bank received the concession to issue its own banknotes in China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong And Shanghai Banking Corporation
The Hongkong and Shanghai Banking Corporation Limited (), commonly known as HSBC (), was the parent entity of the multinational HSBC banking group until 1991, and is now its Hong Kong-based Asia-Pacific subsidiary. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. The Hongkong and Shanghai Bank was established in British Hong Kong in 1865 and was incorporated as The Hongkong and Shanghai Banking Corporation in 1866, and has been based in Hong Kong (although now as a subsidiary) ever since. It was "The Hongkong and Shanghai Banking Corporation Limited" in 1989. It is the founding member of the HSBC group of banks and companies, and, since 1990, is the namesake and one of the leading subsidiaries of the London-based HSBC Holdings PLC. The company's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yokohama Specie Bank
was a Japanese bank founded in Yokohama, Japan in the year 1880. Its assets were transferred to The Bank of Tokyo (now MUFG Bank) in 1946. The bank played a significant role in Japanese overseas trade, especially with China. The original bank building is now the Kanagawa Prefectural Museum of Cultural History. Background Following the signing of the Treaty of Amity and Commerce in 1859, Yokohama was opened as a port for foreign trade and quickly grew in importance. Through the New Currency Act of 1871, Japan adopted the gold standard along international lines, with 1 yen corresponding to 1.5g of pure gold. Silver coins were also issued for trade with Asian countries who favoured silver as a currency, thus establishing a de facto gold-silver standard.Japan Currency Museum (日本貨幣博物館) permanent exhibit However, inflation caused by the 1877 Satsuma Rebellion and the outflow of a large amount of silver due to increased imports, a large discrepancy arose between gov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque De L'Indochine
The Banque de l'Indochine (), originally Banque de l'Indo-Chine ("Bank of Indochina"), was a bank created in 1875 in Paris to finance French colonial development in Asia. As a bank of issue in Indochina until 1952 (and in French Pacific territories until 1967), with many features of a central bank, it played a major role in the financial history of French Indochina, French India, New Caledonia, French Polynesia, and Djibouti, as well as French-backed ventures in Siam and China. After World War II, it lost its issuance privilege but reinvented itself as an investment bank in France, and developed new ventures in other countries such as Saudi Arabia and South Africa. The Compagnie Financière de Suez acquired a controlling interest in the Banque de l'Indochine in 1972, then merged it in 1975 with its own banking subsidiary to form Banque Indosuez, since 1996 itself part of the Crédit Agricole universal banking group. History Background and creation Following t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Concessions In China
Concessions in China were a group of concessions that existed during the late Imperial China and the Republic of China, which were governed and occupied by foreign powers, and are frequently associated with colonialism and imperialism. The concessions had extraterritoriality and were enclaves inside key cities that became treaty ports. All the concessions have been dissolved in the present day. History Imperial China period Imperial China granted the concessions during the latter period of the Qing dynasty, as a result of the series of "unequal treaties". They began in 1842's Treaty of Nanjing with the United Kingdom. Under each treaty, China was usually obligated to open more treaty ports for trade and lease out more territory as part of the concession or surrender it completely. The one exception that preceded this period was Macau, which had been leased in 1557 to the Kingdom of Portugal, during the Ming dynasty; Portugal continued to pay rent to China up to 1863 t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paper Money Of The Qing Dynasty
The paper money of the Qing dynasty (Traditional Chinese: ) was periodically used alongside a bimetallic coinage system of copper-alloy cash coins and silver sycees; paper money was used during different periods of Chinese history under the Qing dynasty, having acquired experiences from the prior Song, Jin, Yuan, and Ming dynasties which adopted paper money but where uncontrolled printing led to hyperinflation. During the youngest days of the Qing dynasty paper money was used but this was quickly abolished as the government sought not to repeat history for a fourth time; however, under the reign of the Xianfeng Emperor, due to several large wars and rebellions (most notably the Taiping Rebellion), the Qing government was forced to issue paper money again. The reason why the government was forced to reform the imperial monetary system with a very complex system during the Taiping Rebellion was because the rebels had blocked the access of mint metals from the southwest of China, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beijing Legation Quarter
The Peking Legation Quarter was the area in Peking (Beijing), China where a number of foreign legations were located between 1861 and 1959. In the Chinese language, the area is known as ''Dong Jiaomin Xiang'' (), which is the name of the ''hutong'' (lane or small street) through the area. It is located in the Dongcheng District, immediately to the east of Tiananmen Square. The Legation Quarter was the location of the 55-day siege of the International Legations, which took place during the Boxer Rebellion of 1900. After the Boxer Rebellion, the Legation Quarter was under the jurisdiction of foreign countries with diplomatic legations (later most commonly called "embassies") in the quarter. The foreign residents were exempt from Chinese law. The Legation Quarter attracted many diplomats, soldiers, scholars, artists, tourists, and Sinophiles. World War II effectively ended the special status of the Legation Quarter, and with the Great Leap Forward and other events in communis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Communications Building
The Bank of Communications Building is located at No. 14 on the Bund, Shanghai. The building was designed in a modern Art-Deco style, combined with Chinese elements, by Hungarian architect C. H. Gonda. It is an eight-story concrete-frame structure, framed by black marble around the doors. The building is now occupied by the offices of the Shanghai Federation of Trade Unions.Shea History The first European buildings on the site were constructed in 1880, after several German banks joined with a local Chinese businessman to form the Deutsch-Asiatische Bank. The bank then constructed four smaller buildings on the current site. During World War I, both China and Japan declared war on Germany, and the bank lost its holdings in China. In 1919 the China Bank of Communications took over the holdings of the Deutsch-Asiatische Bank, including its properties in Shanghai. The Bank of Communications had been founded in 1908. It opened a branch in Shanghai the same year, and grew rapidly throug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Communications
Bank of Communications Limited (BoComm) (; often abbreviated as ), is the fifth-largest bank in mainland China. Established in 1908, the Bank of Communications claims a long history in China and is one of the banks to have issued banknotes in modern Chinese history. It was listed on the Stock Exchange of Hong Kong in June 2005 and the Shanghai Stock Exchange in May 2007. The Bank was ranked No.151 among Fortune Global 500 in terms of operating income by the Fortune and No.11 among the global top 1,000 banks in terms of Tier 1 Capital rated by the London-based magazine The Banker. History Before 1949 In 1907, Liang Shiyi proposed the formation of a Bank of Communications to redeem the Beijing–Hankou Railway from its Belgium, Belgian owners and place the railway under Chinese control. The Bank of Communications was duly formed in 1908 and provided more than half of the financing needed to buy the railway. The successful redemption enhanced the prestige of Liang's Communi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Bund
The Bund or Waitan (, Shanghainese romanization: ''Nga3thae1'', , ) is a waterfront area and a protected historical district in central Shanghai. The area centers on a section of Zhongshan Road (East Zhongshan Road No.1) within the former Shanghai International Settlement, which runs along the western bank of the Huangpu River in the eastern part of Huangpu District. The area along the river faces the modern skyscrapers of Lujiazui in the Pudong District. The Bund usually refers to the buildings and wharves on this section of the road, as well as some adjacent areas. From the 1860s to the 1930s, it was the rich and powerful center of the foreign establishment in Shanghai, operating as a legally protected treaty port. Name The term "bund" was borrowed into English from Hindustani and originally referred to a dyke or embankment. Within the Chinese treaty ports, it was applied specifically to an embanked quay which ran along the shore. The Chinese name for the Bund is unrelated i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. With a population of 24.89 million as of 2021, Shanghai is the most populous urban area in China with 39,300,000 inhabitants living in the Shanghai metropolitan area, the second most populous city proper in the world (after Chongqing) and the only city in East Asia with a GDP greater than its corresponding capital. Shanghai ranks second among the administrative divisions of Mainland China in human development index (after Beijing). As of 2018, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (nominal) of nearly 9.1 trillion RMB ($1.33 trillion), exceeding that of Mexico with GDP of $1.22 trillion, the 15th largest in the world. Shanghai is one of the world's major centers for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hamburg
(male), (female) en, Hamburger(s), Hamburgian(s) , timezone1 = Central (CET) , utc_offset1 = +1 , timezone1_DST = Central (CEST) , utc_offset1_DST = +2 , postal_code_type = Postal code(s) , postal_code = 20001–21149, 22001–22769 , area_code_type = Area code(s) , area_code = 040 , registration_plate = , blank_name_sec1 = GRP (nominal) , blank_info_sec1 = €123 billion (2019) , blank1_name_sec1 = GRP per capita , blank1_info_sec1 = €67,000 (2019) , blank1_name_sec2 = HDI (2018) , blank1_info_sec2 = 0.976 · 1st of 16 , iso_code = DE-HH , blank_name_sec2 = NUTS Region , blank_info_sec2 = DE6 , website = , footnotes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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