Chinese Gold Yuan
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Chinese Gold Yuan
The Chinese gold yuan (also known as golden round, golden yuan, among others) was a defunct legal tender currency of China between August 1948 and 1949. It was a method used by the Republic of China government to accumulate gold from its citizens in preparation to relocate to Taiwan. It circulated in the country under the effective control of the Government of the Republic of China known as Taiwan Province, R.O.C., which issued paper money on August 19, 1948. This currency was notorious for vicious inflation due to inadequate issuance preparation and failure to strictly enforce issuance limits. In the early days of the issuance of the Golden yuan, the government used executive actions to force the public to exchange gold, foreign currency for the new currency. The legal exchange rate was 0.22217 grams of gold per gold yuan but it could not be honored. The sharply depreciating Fabi currency was at the rate of one golden yuan of the yen to Fabi $3 million, and this rate was used for ...
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Central Bank Of The Republic Of China
The Central Bank of the Republic of China (Taiwan) (CBC), known in English from 1924 to 2007 as the Central Bank of China, is the central bank of the Taiwan, Republic of China, once founded in Mainland China and since relocated to Taiwan. Its legal and common name in Chinese is literally translated as the "Central Bank". The central bank is administered under the Executive Yuan of the ROC government.The Law of the Central Bank, 中央銀行法
(''Central Bank Law'')


History


Mainland China

The bank was origina ...
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Silver Yuan
Silver is a chemical element with the symbol Ag (from the Latin ', derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of the seven metals of antiquity, silver has had an enduring role in most human cultures. Other than in curre ...
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Fiscal Policy
In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables developed in reaction to the Great Depression of the 1930s, when the previous laissez-faire approach to economic management became unworkable. Fiscal policy is based on the theories of the British economist John Maynard Keynes, whose Keynesian economics theorised that government changes in the levels of taxation and government spending influence aggregate demand and the level of economic activity. Fiscal and monetary policy are the key strategies used by a country's government and central bank to advance its economic objectives. The combination of these policies enables these authorities to target inflation (which is considered "healthy" at the level in the range 2%–3%) and to increase employment. Additionally, it is designed to try to k ...
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Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ...
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Yu Hongjun
Yu Hung-chun (; 4 January 1898 – 1 June 1960), also known as O. K. Yui, was a Chinese political figure who served as mayor of Shanghai, chairman of the Taiwan Provincial Government and Premier of the Republic of China. Right before the Battle of Shanghai, he tried to negotiate with the Japanese unsuccessfully. Chronology * 23 March 1937 – the Executive Yuan resolved that Yu Hung-chun may act as mayor of Shanghai This is a list of Mayor, mayors of Shanghai, China. In the People's Republic of China, the mayor is subordinate to the Chinese Communist Party Shanghai Committee, Communist Party Secretary of Shanghai. Republic of China Mayor of the Shanghai Sp .... * 27 July 1937 – the Nationalist Government appointed Yu Hung-chun as mayor of Shanghai. * 30 June 1958 – resigned as the president of the Executive Yuan.(Premier of the Republic of China) References 1898 births 1960 deaths People from Xinhui District Premiers of the Republic of China on Taiwan ...
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Chiang Kai-shek
Chiang Kai-shek (31 October 1887 – 5 April 1975), also known as Chiang Chung-cheng and Jiang Jieshi, was a Chinese Nationalist politician, revolutionary, and military leader who served as the leader of the Republic of China (ROC) from 1928 to his death in 1975 – until 1949 in mainland China and from then on in Taiwan. After his rule was confined to Taiwan following his defeat by Mao Zedong in the Chinese Civil War, he continued to head the ROC government until his death. Born in Chekiang (Zhejiang) Province, Chiang was a member of the Kuomintang (KMT), and a lieutenant of Sun Yat-sen in the revolution to overthrow the Beiyang government and reunify China. With help from the Soviets and the Chinese Communist Party (CCP), Chiang organized the military for Sun's Canton Nationalist Government and headed the Whampoa Military Academy. Commander-in-chief of the National Revolutionary Army (from which he came to be known as a Generalissimo), he led the Northern Expedition from ...
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Wang Yun-five
Wang may refer to: Names * Wang (surname) (王), a common Chinese surname * Wāng (汪), a less common Chinese surname * Titles in Chinese nobility * A title in Korean nobility * A title in Mongolian nobility Places * Wang River in Thailand * Wang Township, Minnesota, a township in the United States * Wang, Bavaria, a town in the district of Freising, Bavaria, Germany * Wang, Austria, a town in the district of Scheibbs in Lower Austria * An abbreviation for the town of Wangaratta, Australia * Wang Theatre, in Boston, Massacheussetts * Charles B. Wang Center, an Asian American center at Stony Brook University Other * Wang (Tibetan Buddhism), a form of empowerment or initiation * Wang tile, in mathematics, are a class of formal systems * ''Wang'' (musical), an 1891 New York musical * Wang Film Productions, Taiwanese-American animation studios * Wang Laboratories, an American computer company founded by Dr. An Wang * WWNG, a radio station (1330 AM) licensed to serve Havelock ...
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Financial
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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Song Ziwen
Soong Tse-vung, more commonly romanized as Soong Tse-ven or Soong Tzu-wen (; 4 December 1894 – 25 April 1971), was a prominent businessman and politician in the early 20th-century Republic of China, who served as Premier. His father was Charlie Soong and his siblings were the Soong sisters. His Christian name was Paul, but he is generally known in English as T. V. Soong. Early life and education Born in Shanghai International Concession, T. V. Soong received his education at St. John's University in Shanghai before he completed a bachelor's degree in economics from Harvard University in 1915. He worked at the International Banking Corporation in New York while pursuing graduate studies at Columbia University. His sisters, known collectively as the Soong Sisters, married well: one married a Yale man from a leading family of Chinese bankers who would eventually become Premier of the Republic of China, H. H. Kung; another became the wife of Sun Yat-sen, founder and leader of t ...
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Resource Recovery
Resource recovery is using wastes as an input material to create valuable products as new outputs. The aim is to reduce the amount of waste generated, thereby reducing the need for landfill space, and optimising the values created from waste. Resource recovery delays the need to use raw materials in the manufacturing process. Materials found in municipal solid waste, construction and demolition waste, commercial waste and industrial wastes can be used to recover resources for the manufacturing of new materials and products. Plastic, paper, aluminium, glass and metal are examples of where value can be found in waste. Resource recovery goes further than just the management of waste. Resource recovery is part of a circular economy, in which the extraction of natural resources and generation of wastes are minimised, and in which materials and products are designed more sustainably for durability, reuse, repairability, remanufacturing and recycling. Life-cycle analysis (LCA) can be use ...
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香港
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resumed after the ...
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