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Huaxing Commercial Bank
The Huaxing Commercial Bank or Huaxing Bank, sometimes transliterated Hua-Hsing (), was a central bank of the Japan-supported Reformed Government of the Republic of China that governed the Jiangnan region of China during early years of the Second Sino-Japanese War. It started operations in Shanghai in May 1938, was reorganized as a mere commercial bank following the creation of the Central Reserve Bank of China, Central Reserve Bank in January 1941, and stopped operating in August 1945. It was thus one of the "puppet" bank of issue, banks of issue established by the Japanese occupation forces, together with the Central Bank of Manchou (1932-1945), Mengjiang Bank (1937-1945), United Reserve Bank (1938-1945), and Central Reserve Bank of China, Central Reserve Bank (1941-1945). Overview Huaxing Commercial Bank was established on with initial capital of 50 million yuan. The Reformed Government subscribed for half, while the other half came from the Industrial Bank of Japan, Bank of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
10 Yuan - Hua Hsing Commercial Bank (Republic 27 - 1938) 03
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit (measurement), unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest Positive number, positive integer. It is also sometimes considered the first of the sequence (mathematics), infinite sequence of natural numbers, followed by 2, although by other definitions 1 is the second natural number, following 0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sumitomo Bank
was a major Japanese bank based in Osaka and a central component of the Sumitomo Group. It merged with Sakura Bank on April 1, 2001 to form Sumitomo Mitsui Banking Corporation. History Sumitomo Bank was established as a private enterprise in November 1895 and reorganized as a limited company with 15 million yen of capital in March 1912. It opened numerous overseas branches during the World War I era as the Sumitomo ''zaibatsu'' business globalized. After World War II, the Sumitomo group was dismantled and its constituent companies were forbidden from using the Sumitomo name. The bank renamed itself Osaka Bank in October 1948. In December 1952, its name was changed back to Sumitomo Bank. Sumitomo was the main bank for several major Japanese manufacturers during the early postwar era, including NEC and Panasonic (Matsushita). In the 1970s, it lost nearly $1 billion in the restructuring of Osaka-based general trading company Ataka & Co., which, combined with the contemporaneo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Former Central Banks
A former is an object, such as a template, gauge or cutting die, which is used to form something such as a boat's hull. Typically, a former gives shape to a structure that may have complex curvature. A former may become an integral part of the finished structure, as in an aircraft fuselage, or it may be removable, being using in the construction process and then discarded or re-used. Aircraft formers Formers are used in the construction of aircraft fuselage, of which a typical fuselage has a series from the nose to the empennage, typically perpendicular to the longitudinal axis of the aircraft. The primary purpose of formers is to establish the shape of the fuselage and reduce the column length of stringers to prevent instability. Formers are typically attached to longerons, which support the skin of the aircraft. The "former-and-longeron" technique (also called stations and stringers) was adopted from boat construction, and was typical of light aircraft built until the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Hyperinflation
The Chinese hyperinflation was the hyperinflation, extreme inflation that emerged in China during the late 1930s, extended to Taiwan after the Surrender of Japan, Japanese surrender in 1945, and concluded in the early 1950s. In the 1935 currency reform, the Nationalist government of China abandoned the traditional silver standard, in response to deflation caused by rising silver prices, and introduced its own Banknote, paper currency, the Chinese National Currency (CNC). However, this currency was issued without sufficient credit or reserve backing. The Nationalist government's reliance on deficit spending led to unchecked monetary expansion, resulting in rapid currency depreciation. This situation was aggravated by the financial burden of the Second Sino-Japanese War and the subsequent Chinese Civil War. To control the price hike, the government tried to introduce a new currency, namely the Chinese gold yuan (GY) in 1948, along with price and wage controls, which proved infeasibl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Military Currency (1937–1945)
Japanese military currency (Chinese and Japanese: 日本軍用手票, also 日本軍票 in short) was money issued to the soldiers of the Imperial Japanese Armed Forces as a salary. The military yen reached its peak during the Pacific War period, when the Japanese government excessively issued it to all of its occupied territories. In Hong Kong, the military yen was forced upon the local population as the sole official currency of the territory. Since the military yen was not backed by gold, and did not have a specific place of issuance, the military yen could not be exchanged for the Japanese yen. Forcing local populations to use the military yen officially was one of the ways the Japanese government could dominate the local economies. Currencies in territories occupied by Japan The territories controlled or occupied by Japan had many different currencies. Taiwan maintained its own banking system and bank notes after it came under Japanese sovereignty in 1895. The same is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese National Currency
The Chinese National Currency (CNC), often transliterated as fapi or fabi or translated as Legal Tender Note, is the currency of China between 1935 and 1948. Introduced in the 1935 currency reform, the currency was initially issued by the Central Bank of China, Central Bank, the Bank of China, the Bank of Communications and later the Farmer's Bank of China. In June 1942, it became solely issued by the Central Bank. It was replaced by the Gold Yuan in August 1948. See also * Central Bank of the Republic of China (Taiwan), Central Bank of China * Chinese hyperinflation Note {{notelist References [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suzhou
Suzhou (; ; Suzhounese: ''sou¹ tseu¹'' , Mandarin: ), alternately romanized as Soochow, is a major city in southern Jiangsu province, East China. Suzhou is the largest city in Jiangsu, and a major economic center and focal point of trade and commerce. Administratively, Suzhou is a prefecture-level city with a population of 6,715,559 in the city proper, and a total resident population of 12,748,262 as of the 2020 census in its administrative area. The city jurisdiction area's north waterfront is on a lower reach of the Yangtze whereas it has its more focal south-western waterfront on Lake Tai – crossed by several waterways, its district belongs to the Yangtze River Delta region. Suzhou is now part of the Greater Shanghai metro area, incorporating most of Changzhou, Wuxi and Suzhou urban districts plus Kunshan and Taicang, with a population of more than 38,000,000 residents as of 2020. Its urban population grew at an unprecedented rate of 6.5% between 2000 and 2014, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO 4217, ISO code: GBP) is the currency of the United Kingdom and nine of #Crown Dependencies and British Overseas Territories, its associated territories. The Pound (currency), pound (pound sign, sign: £) is the main unit of account, unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which special drawing rights#Value definition, calculate the value of International Monetary Fund, IMF special drawing rights. As of mid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coin
A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. ''Obverse'' and its opposite, ''reverse'', refer to the two flat faces of coins and medals. In this usage, ''obverse'' means the front face of the object and ''reverse'' means the back face. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse ''tails''. Coins are usually made of metal or an alloy, or sometimes of man-made materials. They are usually disc shaped. Coins, made of valuable metal, are stored in large quantities as bullion coins. Other coins are used as money in everyday transactions, circulating alongside banknotes. Usually the hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable instrument, negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai Commercial And Savings Bank
The Shanghai Commercial and Savings Bank () is a bank of the Republic of China Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the northeast ..., currently based in Taipei, Taiwan. In 1915, it was founded by Kwang Pu Chen, Chen Guangfu (K. P. Chen) in Shanghai, mainland China. Chen became the first president, and The-Chin Chuang was elected first chairman. Early years The bank was established in Shanghai in 1915 by Kwang Pu Chen, Chen Guangfu, a graduate of the Wharton School of Finance and one of the most successful Chinese bankers of the 20th century.''The Making of Modern Chinese Financial Entrepreneurship: The Case of Chen Guangfu'' by Pui-tak Lee, University of Hong Kong In 1931, the Bank completed the construction of its head office building in Shanghai, which was the most modern banking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nanjing
Nanjing (; , Mandarin pronunciation: ), Postal Map Romanization, alternately romanized as Nanking, is the capital of Jiangsu Provinces of China, province of the China, People's Republic of China. It is a sub-provincial city, a megacity, and the List of cities in China by population, second largest city in the East China region. The city has 11 districts, an administrative area of , and a total recorded population of 9,314,685 . Situated in the Yangtze River Delta region, Nanjing has a prominent place in Chinese history and Chinese culture, culture, having served as the historical capitals of China, capital of various Dynasties in Chinese history, Chinese dynasties, kingdoms and republican governments dating from the 3rd century to 1949, and has thus long been a major center of culture, education, research, politics, economy, transport networks and tourism, being the home to Port of Nanjing, one of the world's largest inland ports. The city is also one of the fifteen sub-provin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
