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The Formation of the Modern East Asian Economy

But, as I will mention in my next lecture, it is far from clear that the eighteenth century in China saw the preparation of China's manufacturing goods for the competition from Japan in the nineteenth century, even when Chinese ships would still dominate the waters.

     
The Transformation of Coastal Peripheries into Economic Centres During the Age of National Seclusion


      The eighteenth century has often been considered the golden age of late imperial China. The political and social troubles of the seventeenth century seem to have subsided, to be replaced for several decades by an unusual blend of peace, prosperity, and order. The Qing government's military campaigns pushed China's boundaries father westward into central Asia than had any earlier dynasty.1 From c. 1600 to c. 1850, its population arguably tripled and its cultivated land more than doubled.2 Once distant provinces of the south like Guangxi, Yunnan, and Guizhou received massive inflows of peasants from the overpopulated southeast, just as newly acquired stretches of Xinjiang, Mongolia, and eventually Manchuria were opened up by poverty-fleeing peasants from the northern plains.3 In the early eighteenth century, something like 16 to 27 million bushels of rice were annually being shipped down the Yangtze Valley.4 In the mid-nineteenth century, the amount of rice shipped from the Hunan-Hubei area to the Lower Yangtze delta and Zhejiang hovered between 30 to 40 million bushels, enough to feed between a third to a half of the total population of Japan in 1800.

      Emblematic of this Qing success was the government's development of copper coinage, the currency so long considered the country's basic metal coin. As we have seen, ever since the twelfth century, the Chinese economy had suffered a severe shortage of these coins. Then, from the 1720s, the copper mines opened by the government in the far southwestern provinces of Yunnan and Guizhou annually began to provide the economy with 5,000 tons of copper coins.6 As much as 90% of this production ended up being privately sold in the early eighteenth century in violation of government regulations.7 But it secured for the country sufficient copper supplies for the first time in seven centuries.

      Today I want to revise this view of the eighteenth century Chinese economy in two respects. First I would like to view this landed success through the perspective of maritime East Asia.


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