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The Real Value of the Chinese Yuan

In: Business and Management

Submitted By horacioromo
Words 6572
Pages 27
Introduction

Thousands of years ago, China was said to be the most advanced nation in the world. Today, they are still much more advance than most of the countries. China was named by Europeans after the ancient Ch’in Dynasty of the third Century B.C.

China continues to be the oldest civilization in the world today. China was the only from the world’s great civilizations to evolve from nearly total isolation from the rest of the world. The primarily result of this was geography: the sea to the east, the Himalayas to the south, the Gobi desert to the north and inhospitable deserts and high plateaus to the west. The Yellow river in China is said to be the source of the first Chinese culture and civilization. There are many different cultures located in China such as the Yangshao culture, Hongshan culture, and Yunnan culture. Ancient Chinese agrarian religion revolved around the worship of natural forces and spirits who controlled the elements and presided over rivers, fields and mountains. Shaman known as wu acted as intermediaries between the human and spiritual worlds and performed rites to insure good weather and harvests and keep evil spirits at bay. Even though China is regarded officially as an atheist state today, it has had an officially recognized religion since 2356 B.C., when science, religion, mythology and government were all linked together. Taoism and Confucianism began to take shape around the 5th and 6th centuries B.C. but evolved from religions that had been around in China for at least a thousand years before that. China has always been known for having intelligent minds and creating and producing some of the best products. They introduced the world to woven silk, fireworks, playing cards, pasta, fishing reels, whiskey, poison gas, wood block printing, lacquer, compass, and the wheelbarrow. The Chinese mathematicians...

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