The Chinese civilization has always been a basis for the development of the world. Being extremely successful in various aspects of the human activity, China, from the most ancient times, attracted people. Such factors as the Chinese culture, traditions, outlooks, the way the country had been governed, contributed to the development of the interest to the country. A special attention, which has always been paid to China, is connected with the financial governance, since it serves as a pushing tool for the development of the other branches of the county.
Since the most ancient times, China had been one of the most prosperous country in the world. Its geographical location alone with the natural resources composed the basis and the main source for the budget of the country. The military approaches the governors of China used to practice helped them conquer the lands and sustain the safety of the country’s borders, what became a mainstream in the country’s policies.
This paper discusses the way China developed its financial assets from the point of view of the book Chinese Civilization by Patricia Buckley Ebrey. The chapter that has been chosen for the analysis is “The Attractions of the Capital”. The chapter discusses the basis of the attractions of the capital the Chinese governors used to use. What is more, this had been put into the basis of the contemporary approaches to the economy the country possesses.
The author provides the readers with the historic facts that denote that the most outstanding and well known dynasties of China had been exercising fruitful activities which were mainly aimed at sustaining the country’s development.
The period of the Chinese history, which had been depicted throughout the chapter, is referred to as Longxing Regime and covered the time line of AD 1163-11864 (Ebrey 178). This period of the Londxing rein was supposed to be innovative for the country’s financial area due to the fact that the new kinds of trade approaches have been invented.
Turning back to the time described throughout the chapter, it is necessary to mention that the main position of the author consists in the assumption that “the capital attracts the greatest variety of goods and has the best craftsmen” (Ebrey 179). It means that the talent of people who used to perform the craftsmanship and goods, which have been produced in the process, have impacted the economy of the country. The principle of the supply and demand has appeared throughout this period and used to influence the further outlooks towards the development of the country’s economy. The contemporary China, comparatively, keeps on exercising the same activity: the country is well known for the production of the numerous goods and services providing. This activity helped Chinese Republic stay adrift in the dangerous and harsh world of the competitive economies all over the world (Wright 23).
Another method of the country’s attraction in the financial area consisted in the development of the so-called ‘workshops’ that have been The Attractions of the Capital compared to the contemporary business models, as the Ebrey (179) mentions. In addition to this, there had been a number of other establishments that had a tendency to influence the money flow all over the country. In fact, the first restaurants that appeared in China were at once recognized as one of the main means of the financial stability.
This assumption is supported by the author and illustrated by the fact that restaurants, as well as the workshops, have always been a “taxation category imposed by the government” (Ebrey 179). The taxation system development helped exercise the numerous innovative approaches in other areas of human activity within the country.
Another type of the attractions of the capital had been represented by wine shops. Wine shops, in the author’s point of view, served as a result of the increased agricultural work and development. The production of grapes has risen the production of wine as well as the techniques of its obtaining. Wine has served as a powerful source of budgeting and contributed to the development of the country’s magnificence and power. This, Ebrey (180) mentions, has been determined by the taxation policies and the amounts of wine that had been consumed.
Wine shops had made a great contribution to the development of other related industries. One of them was represented by the ‘luxury inns’ (Ebrey 180), which were aimed not only to provide its customers with the bad-and-breakfast type of service; however, they promoted some additional aspects which had interest the customers of such inns. Ebrey claims that this industry had put the beginning of the prostitution development within the country.
Another way that served an important role in the attraction of the budget was represented by teashops and snack places. These two food industry institutions were not as connected with restaurants as it comes to the imagination of the contemporary people. Tea has always been an integral part of the Chinese culture. The culture of tea drinking is currently presupposed to be the most ancient and beautiful ceremony which is proper to the Chinese culture (Maddison 12).
Medical care field has been developed as well and incorporated various approaches and practices of treatment. Along with this, medicine has served as the basis for the development of the perfume industry which was very popular among the Chinese people of that time. This industry gained popularity; moreover, it had been decided to include it into the taxation system. This, thus, composed another tool to enrich the capital of the country.
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Along with this, historians noted the development of the religious traditions rise and the ways that contributed to the religious institutions development. The donations, which had been directed to the religious institutions, played a vitally important role. This fact did not attract the capital; however, it made a contribution to the development of understanding how money should be treated and what amount is available.