The Nam Pak Hong (), also Nam Pei Hong and Nam Bac Hang (literally, "South-North Trading Association"), was a combination of individual
hongs, or
trading houses, the traditional form of
business organization in China. They represented Chinese
merchant
A merchant is a person who trades in goods produced by other people, especially one who trades with foreign countries. Merchants have been known for as long as humans have engaged in trade and commerce. Merchants and merchant networks operated i ...
s who were often associated with overseas trade, both the "
Gold Mountain" trade with the
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
and
Australia
Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...
, and the older trade in the
Nanyang. The association was established in 1868 in
Hong Kong
Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...
by merchants from various dialect groups and its influence quickly expanded.
See also
*
Economy of Hong Kong
The economy of Hong Kong is a Developed country, highly developed free-market economy. It is characterised by Taxation in Hong Kong, low taxation, almost free port trade and a well-established international financial market. Its currency, calle ...
*
Economic history of China
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.
** ...
References
* Jung-Fang Tsai
''Hong Kong in Chinese History: Community and Social Unrest in the British Colony, 1842-1913.''Columbia University Press
Columbia University Press is a university press based in New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's la ...
, 1995.
External links
Trading rules of Nam Pak Hong
Chinese diaspora
Economy of the Qing dynasty
Sheung Wan
Economic history of China
{{HongKong-stub