he rise of today’s China as a financial superpower might seem surprising to most observers, but the truth is the country has a very long tradition of businesses dealing with money, with so-called “counting houses” (or ) operating during the Tang Dynasty (618-907). Counting houses emerged during the dynasty’s heyday in the 600s as places where merchants could deposit funds for protection and draft checks third parties could in turn cash
Future Crossroads of Global Finance
Jul 20, 2023
3 minutes
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