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East Asian economy
(6,801 words)

1. Introduction

Ever since Marco Polo's travel journal in the Late Middle Ages, China has been seen in Europe as a land of flourishing trade and great wealth. Even in the mid-18th century, it was still characterized as an “earthly paradise” [1. vi]: “Trade in China is done in gold, silver, precious stones, porcelain, silk, calico, spices, rhubarb and other apothecaries' wares, tea, lacquered objects, and the like. The trade among the provinces is so great that they…

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Mittag, Achim, Schottenhammer, Angela and Mathias, Regine, “East Asian economy”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 20 October 2019 <http://dx.doi.org/10.1163/2352-0272_emho_COM_025136>
First published online: 2015
First print edition: 20170626



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