Shanghai Rubber Stock Market Crisis
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Shanghai Rubber Stock Market Crisis
Shanghai Rubber Stock Market Crisis (Chinese: 橡皮股票风潮) was an economic crisis caused by the bankers and stock-holders overstimulating the rubber stocks in Shanghai in 1910. This crisis led to a great number of bankruptcies of Chinese native banks in Tianjing, Guangzhou, etc. Historically, this crisis, accomplished with the market crisis in the 1920s, brought massive destruction of market development in Shanghai. Background In the late period of Qing dynasty (the earlier 20th century), the automobile industry was growing, accomplished with the product of rubber. In the United States, the export of rubber increased from $57 million in 1908 to $70 million in 1909. In Britain, the export of rubber grew from 840 thousands pounds in 1908 to 1.41 million pounds in 1909. This demand stimulated prices of the commodity. Under the highest needs of rubbers, many rubbers companies began to wage money from stock markets, which also happened in Shanghai . For example, Langkate, Perak ...
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Rubber
Rubber, also called India rubber, latex, Amazonian rubber, ''caucho'', or ''caoutchouc'', as initially produced, consists of polymers of the organic compound isoprene, with minor impurities of other organic compounds. Thailand, Malaysia, and Indonesia are three of the leading rubber producers. Types of polyisoprene that are used as natural rubbers are classified as elastomers. Currently, rubber is harvested mainly in the form of the latex from the rubber tree (''Hevea brasiliensis'') or others. The latex is a sticky, milky and white colloid drawn off by making incisions in the bark and collecting the fluid in vessels in a process called "tapping". The latex then is refined into the rubber that is ready for commercial processing. In major areas, latex is allowed to coagulate in the collection cup. The coagulated lumps are collected and processed into dry forms for sale. Natural rubber is used extensively in many applications and products, either alone or in combination wit ...
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Shanghai Commercial Bank
The Shanghai Commercial Bank (SCB; Chinese: 上海商業銀行) is an international bank based in Hong Kong. Its subsidiary companies offer banking and financial services across the world, but mainly in China, the United Kingdom, and the United States. The bank was founded by Chen Guangfu (K. P. Chen) in 1915. As a group, it employs over 1,790 people. The bank is a financial institution incorporated in Hong Kong. The address of its registered headquarters is 12 Queen's Road Central, Central, Hong Kong. History Historically, the Shanghai Commercial Bank was founded in Shanghai in 1915 under the leadership of K.P. Chen (1881–1976), a graduate of the University of Pennsylvania's Wharton School of Finance. In 1927, the Shanghai Commercial Bank established a travel service division, which later became the independent China Travel Service. The bank expanded in the late 1920s and early 1930s, endured the period of Japanese aggression, but suffered significant set-backs during the C ...
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Department Of Treasury (China)
Several countries have a Department of the Treasury. These departments include: * Department of the Treasury (Australia) * Department of the Treasury (Isle of Man) * United States Department of the Treasury * Department of Treasury (Western Australia) Many of the States of the United States, the States of Australia, Provinces of Canada, and other political subdivisions also have a Department of the Treasury. * Department of Treasury and Finance (Victoria) The Department of Treasury and Finance (DTF), often informally referred to as the Treasury, is a government department in Victoria, Australia. One of Victoria's oldest public institutions, the Treasury has existed in various forms throughout V ...
, Australia {{disambiguation ...
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Boxer Indemnity
The Boxer Protocol was signed on September 7, 1901, between the Qing Empire of China and the Eight-Nation Alliance that had provided military forces (including Austria-Hungary, France, Germany, United Kingdom, Italy, Japan, Russia, and the United States as well as Belgium, Spain, and the Netherlands), after China's defeat in the intervention to put down the Boxer Rebellion. It is regarded as one of the unequal treaties. Negotiations during the Boxer Rebellion The Qing dynasty was by no means defeated when the Allies took control of Beijing. The Allies had to temper the demands they sent in a message to Xi'an to get the Empress Dowager Cixi to agree with them; for instance, China did not have to give up any land. Many of the Dowager Empress' advisers in the Imperial Court insisted that the war continue against the foreigners, arguing that China could defeat them since it was the disloyal and traitorous people within China who allowed Beijing and Tianjin to be captured by th ...
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Jiangsu
Jiangsu (; ; pinyin: Jiāngsū, Postal romanization, alternatively romanized as Kiangsu or Chiangsu) is an Eastern China, eastern coastal Provinces of the People's Republic of China, province of the China, People's Republic of China. It is one of the leading provinces in finance, education, technology, and tourism, with its capital in Nanjing. Jiangsu is the List of Chinese administrative divisions by area, third smallest, but the List of Chinese administrative divisions by population, fifth most populous and the List of Chinese administrative divisions by population density, most densely populated of the 23 provinces of the People's Republic of China. Jiangsu has the highest GDP per capita of Chinese provinces and second-highest GDP of Chinese provinces, after Guangdong. Jiangsu borders Shandong in the north, Anhui to the west, and Zhejiang and Shanghai to the south. Jiangsu has a coastline of over along the Yellow Sea, and the Yangtze River passes through the southern part ...
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Cheng Dequan
Cheng may refer to: Chinese states * Chengjia or Cheng (25–36 AD) * Cheng Han or Cheng (304–338) * Zheng (state), or Cheng in Wade–Giles Places * Chengdu, abbreviated as Cheng * Cheng County, in Gansu, China * Cheng Township, in Malacca, Malaysia People * Cheng (surname), Chinese surname * Zheng (surname), Cheng in Wade–Giles and Cantonese * ChEng, abbreviation for chief engineer Other uses * Cheng language, a Mon–Khmer language of southern Laos * Cheng (musical instrument), an ancient Chinese musical instrument See also *Zheng (other) Zheng may refer to: *Zheng (surname), Chinese surname (鄭, 郑, ''Zhèng'') *Zheng County, former name of Zhengzhou, capital of Henan, China *Guzheng (), a Chinese zither with bridges *Qin Shi Huang (259 BC – 210 BC), emperor of the Qin Dynasty, ...
, or Cheng in Wade–Giles {{disambig ...
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Zhang Renjun
Zhang Renjun (; 1846–1927) courtesy name Qianli () was Viceroy of Liangguang from August 12, 1907, to June 28, 1909, and the last Viceroy of Liangjiang from June 28, 1909, until the overthrow of the Qing dynasty in the Xinhai Revolution and the establishment of the Republic of China (1912–49), Republic of China on January 23, 1912. {{DEFAULTSORT:Zhang, Renjun 1846 births 1927 deaths Qing dynasty politicians from Hebei Politicians from Tangshan Political office-holders in Jiangsu Assistant Grand Secretaries Viceroys of Liangguang Viceroys of Liangjiang ...
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Ningbo
Ningbo (; Ningbonese: ''gnin² poq⁷'' , Standard Mandarin pronunciation: ), formerly romanized as Ningpo, is a major sub-provincial city in northeast Zhejiang province, People's Republic of China. It comprises 6 urban districts, 2 satellite county-level cities, and 2 rural counties, including several islands in Hangzhou Bay and the East China Sea. Ningbo is the southern economic center of the Yangtze Delta megalopolis, and is also the core city and center of the Ningbo Metropolitan Area. To the north, Hangzhou Bay separates Ningbo from Shanghai; to the east lies Zhoushan in the East China Sea; on the west and south, Ningbo borders Shaoxing and Taizhou respectively. As of the 2020 Chinese National Census, the entire administrated area of Ningbo City had a population of 9.4 million (9,404,283), of which 4,479,635 lived in the built-up (or metro) area of its five urban districts. Within the next decade, the cities of Cixi, Yunhao and Fenghua will likely also be co ...
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Zhou Jinzhen
Zhou may refer to: Chinese history * King Zhou of Shang () (1105 BC–1046 BC), the last king of the Shang dynasty * Predynastic Zhou (), 11th-century BC precursor to the Zhou dynasty * Zhou dynasty () (1046 BC–256 BC), a dynasty of China ** Western Zhou () (1046 BC–771 BC) ** Eastern Zhou () (770 BC–256 BC) * Western Zhou (state) () (440 BC–256 BC) * Eastern Zhou (state) () (367 BC–249 BC) * Northern Zhou () (557–581), one of the Northern dynasties during the Northern and Southern dynasties period * Wu Zhou () (690–705), an imperial dynasty established by Wu Zetian * Later Zhou () (951–960), the last of the Five dynasties during the Five Dynasties and Ten Kingdoms period * Zhou (Zhang Shicheng's kingdom) () (1354–1367), a state founded by Zhang Shicheng during the Red Turban Rebellion * Zhou (Qing period state) () (1678–1681), a state founded by Wu Sangui during the Qing dynasty Other uses * Zhou (surname) (), Chinese surname * Zhou (country subdivision ...
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Cai Naihuang
Cai or CAI may refer to: Places * Cai (state), a state in ancient China * Caí River, Rio Grande do Sul, Brazil * Cái River, Vietnam * Cairo International Airport (IATA airport code) * Caithness, a historic county in Scotland (Chapman code) Organisations * Canadian Airlines International, a defunct Canadian airline * Capitol Archaeological Institute, an American archaeological research and education institute part of The George Washington University * Central Asia Institute, a non-profit organization that promotes education in Central Asia * Chartered Accountants Ireland, Ireland's largest accountancy body * Christian Assemblies International, an Australian-based charity organisation and religious group * Club Alpino Italiano, the Italian alpine club * Coleraine Academical Institution, a school in Northern Ireland * College of Anaesthesiologists of Ireland, a medical training body in Ireland * Community Associations Institute, an influential trade association and special inter ...
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Pence
A penny is a coin ( pennies) or a unit of currency (pl. pence) in various countries. Borrowed from the Carolingian denarius (hence its former abbreviation d.), it is usually the smallest denomination within a currency system. Presently, it is the formal name of the British penny ( p) and the ''de facto'' name of the American one-cent coin (abbr. ¢) as well as the informal Irish designation of the 1 cent euro coin (abbr. c). It is the informal name of the cent unit of account in Canada, although one-cent coins are no longer minted there. The name is used in reference to various historical currencies, also derived from the Carolingian system, such as the French denier and the German pfennig. It may also be informally used to refer to any similar smallest-denomination coin, such as the euro cent or Chinese fen. The Carolingian penny was originally a 0.940-fine silver coin, weighing pound. It was adopted by Offa of Mercia and other English kings and remained ...
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Shillings
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 20th century. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, as well as the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Old English "Scilling", a monetary term meaning twentieth of a pound, from the Proto-Germanic root skiljaną meaning 'to separate, split, divide', from (s)kelH- meaning 'to cut, split.' The word "Scilling" is mentioned in the earliest recorded Germanic law codes, those of Æthelberht of Kent. There is evidence that it may alternatively be an early borrowing of Phoenician ...
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