Jiaozi: The World’s First Official Paper Money

from The Context · host NewsChina

Just over 1,000 years ago, Sichuan in southwest China issued the world’s first officially backed paper money. Today, we’ll talk about what local conditions spurred this financial revolution, and how traders were able to cash in on the innovation.

Episode metadata supplied by the publisher feed · Published Apr 15, 2025

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Jiaozi: The World’s First Official Paper Money

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