Definition of Piaohao. Meaning of Piaohao. Synonyms of Piaohao

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Definition of Piaohao

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Meaning of Piaohao from wikipedia

- Piaohao (Traditional Chinese: 票號, literally 'draft banks'), also known as pia****ang (票莊), ****hao (匯號), or ****duizhuang (匯兌莊), in Mandarin Chinese, or...
- Sichuan. The two major types of indigenous Chinese financial institutions, piàohào (票號) and qiánzhuāng (錢莊), more often cooperated than competed in China's...
- banking institutions are piaohao and qianzhuang. The first nationwide private financial system, so-called "draft banks" or piaohao (simplified Chinese: 票号;...
- merchants also operated an early Chinese type of draft bank known as the piaohao; these were the dominant form of banks in China until the fall of the Qing...
- networks headquartered in Shanxi province called the "Shanxi banks" (票號, piaohao). Also known by a variety of regional names, such as qiansi (錢肆), qianpu...
- The Rishengchang Piaohao (simplified Chinese: 日升昌票号; traditional Chinese: 日升昌票號; pinyin: Rì shēng chāng piào hào), was the first draft bank in China....
- draft banks, or Piaohao, boosted the central Shanxi basin to become the financial center of Qing China. Even though most of these Piaohao were based in...
- During the late Qing dynasty, a new development occurred: the creation of piaohao (票號), which were essentially banks that provided services like money transfers...
- international trade of tea to Russia and the development of draft banks, or "Piaohao", which secured Shanxi as the financial center in the Qing dynasty. Pingyao...
- activity that would ultimately need banks, these banks would become the piaohao. An imperial government salt monopoly persisted, with only a few minor...