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Ewo (hong)
The ''Ewo Hong'' () was a Qing dynasty ''hong'' established by ''Wǔ Guóyíng'' () in Canton (Guangzhou) in 1783 and later became the leader of the cohong of the Thirteen Factories under the stewardship of Howqua, who took over in 1803. Ewo later became one of the most successful ''hongs'' and the largest creditor of the East India Company The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and South ..., whilst Howqua's personal monetary worth reached more than 26 million Mexican dollars. As a result of the ''Ewo hong's'' upright and honest reputation, Jardine, Matheson & Co. later adopted "Ewo" as the Chinese name for their firm. p.12Online version at Google books/ref> References {{China-hist-stub History of Guangdong Companies established in 1783 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qing Dynasty
The Qing dynasty ( ), officially the Great Qing,, was a Manchu-led imperial dynasty of China and the last orthodox dynasty in Chinese history. It emerged from the Later Jin dynasty founded by the Jianzhou Jurchens, a Tungusic-speaking ethnic group who unified other Jurchen tribes to form a new "Manchu" ethnic identity. The dynasty was officially proclaimed in 1636 in Manchuria (modern-day Northeast China and Outer Manchuria). It seized control of Beijing in 1644, then later expanded its rule over the whole of China proper and Taiwan, and finally expanded into Inner Asia. The dynasty lasted until 1912 when it was overthrown in the Xinhai Revolution. In orthodox Chinese historiography, the Qing dynasty was preceded by the Ming dynasty and succeeded by the Republic of China. The multiethnic Qing dynasty lasted for almost three centuries and assembled the territorial base for modern China. It was the largest imperial dynasty in the history of China and in 1790 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong (business)
A ''hong'' () originally designates both a type of building and a type of Chinese merchant intermediary in Guangzhou (formerly known as Canton), Guangdong, China, in the 18–19th century, specifically during the Canton System period. Guangzhou The name ''hong'' () originally referred to the row of factories built outside of the city walls of Guangzhou 广州 (Canton), near the Pearl River. The Thirteen Factories were used during the Canton System period to host foreign traders and the products purchased, under the aegis of the '' cohong''. The Hong (or Factories) were usually owned by hong merchants such as Pan Zhencheng (Poankeequa 1). The Guangzhou Hong changed location several times after fires, and became less important after the First Opium War (18391842), as Guangzhou lost its monopoly of foreign trade and Hong Kong was ceded to the British as a colony. Hong Kong In Hong Kong, the name ''hong'' designated major business houses. One of the earliest foreign hongs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canton (Guangzhou)
Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kong and north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the maritime Silk Road; it continues to serve as a major port and transportation hub as well as being one of China's three largest cities. For a long time, the only Chinese port accessible to most foreign traders, Guangzhou was captured by the British during the First Opium War. No longer enjoying a monopoly after the war, it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major transshipment port. Due to a high urban population and large volumes of port traffic, Guangzhou is classified as a Large-Port Megacity, the largest type of port-city in the world. Due to worldwide travel restrictions at the beginning o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cohong
The ''Cohong'', sometimes spelled or , a guild of Chinese merchants or ''hongs'', operated the import-export monopoly in Canton (present-day Guangzhou) during the Qing dynasty (16441911). During the century prior to the First Opium War of 1839-1842, trade relations between China and Europe took place exclusively via the ''Cohong'' - a system formalised by an imperial edict of the Qianlong Emperor in 1760. The Chinese merchants who made up the ''Cohong'' were referred to as (行商) and their foreign counterparts as (literally "foreign traders"). Foundation and structure In 1704, the ''Baoshang'' system was established. This system granted a number of Chinese merchants license to trade with Western merchants as long as they helped to collect duties from the Westerners, successfully aligning trading interests with the government's revenue collection. This was the predecessor for the later Cohong system. According to John Phipps, author of the 19th century ''Practical Trea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thirteen Factories
The Thirteen Factories, also known as the , was a neighbourhood along the Pearl River in southwestern Guangzhou (Canton) in the Qing Empire from to 1856 around modern day Xiguan, in Guangzhou's Liwan District. These warehouses and stores were the principal and sole legal site of most Western trade with China from 1757 to 1842. The factories were destroyed by fire in 1822 by accident, in 1841 amid the First Opium War, and in 1856 at the onset of the Second Opium War. The factories' importance diminished after the opening of the treaty ports and the end of the Canton System under the terms of the 1842 Anglo-Chinese Treaty of Nanking. After the Second Opium War, the factories were not rebuilt at their former site south of Guangzhou's old walled city but moved, first to Henan Island across the Pearl River and then to Shamian Island south of Guangzhou's western suburbs. Their former site is now part of . Terminology The "factories" were not workshops or manufactur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howqua
Wu Bingjian (; 17694 September 1843), trading as "Houqua" and better known in the West as "Howqua", was a hong merchant in the Thirteen Factories, head of the '' E-wo hong'' and leader of the Canton Cohong. He was once the richest man in the world. Biography A Hokkien by his paternal ancestry with ancestry from Quanzhou, Wu was known to the West as ''Howqua'', as was his father, Wu Guorong, the founder of the family business or '' hong''. The name "Howqua" is a romanization, in his native Hokkien language, of the business name under which he traded, "浩官" (). He became rich on the trade between China and the British Empire in the middle of the 19th century during the First Opium War. Perhaps the wealthiest man in China during the nineteenth century, Howqua was the senior of the hong merchants in Canton, one of the few authorized to trade silk and porcelain with foreigners. In an 1822 fire which burned down many of the cohongs, the silver that melted allegedly formed a little s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East India Company
The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with East Asia. The company seized control of large parts of the Indian subcontinent, colonised parts of Southeast Asia and Hong Kong. At its peak, the company was the largest corporation in the world. The EIC had its own armed forces in the form of the company's three Presidency armies, totalling about 260,000 soldiers, twice the size of the British army at the time. The operations of the company had a profound effect on the global balance of trade, almost single-handedly reversing the trend of eastward drain of Western bullion, seen since Roman times. Originally chartered as the "Governor and Company of Merchants of London Trading into the East-Indies", the company rose to account for half of the world's trade du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexican Dollar
The Spanish dollar, also known as the piece of eight ( es, Real de a ocho, , , or ), is a silver coin of approximately diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g = 0.822 oz t fine silver. It was widely used as the first international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency. Because the Spanish dollar was widely used in Europe, the Americas, and the Far East, it became the first world currency by the late 18th century. The Spanish dollar was the coin upon which the original United States dollar was based (at 0.7735 oz t = 24.0566 g), and it remained legal tender in the United States until the Coinage Act of 1857. Many other currencies around the world, such as the Japanese yen and the Chinese yuan, were initially based on the Spanish dollar and other 8-real coin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Jardine, Matheson & Co
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative A narrative, story, or tale is any account of a series of related events or experiences, whether nonfictional ( memoir, biography, news report, documentary, travelogue, etc.) or fictional ( fairy tale, fable, legend, thriller, novel, etc ... to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Histor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Guangdong
Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) across a total area of about , Guangdong is the most populous province of China and the 15th-largest by area as well as the second-most populous country subdivision in the world (after Uttar Pradesh in India). Its economy is larger than that of any other province in the nation and the fifth largest sub-national economy in the world with a GDP (nominal) of 1.95 trillion USD (12.4 trillion CNY) in 2021. The Pearl River Delta Economic Zone, a Chinese megalopolis, is a core for high technology, manufacturing and foreign trade. Located in this zone are two of the four top Chinese cities and the top two Chinese prefecture-level cities by GDP; Guangzhou, the capital of the province, and Shenzhen, the first special economic zone in the coun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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