Flying cash (Chinese: 飛錢), or Feiqian, was a type of paper negotiable instrument used during China's Tang dynasty invented by merchants but adopted by the state. Its name came from their ability to transfer cash across vast distances without physically transporting it.
Flying cash (Chinese: 飛錢), or Feiqian, was a type of paper negotiable instrument used during China's Tang dynasty invented by merchants but adopted by the state. Its name came from their ability to transfer cash across vast distances without physically transporting it.
Source: Wikipedia "Flying cash" · CC BY-SA 4.0
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