The Chinese make light Work of Payment: The Invention of Paper Money
Around 650 AD, the emperor of China began to issue paper "value tokens" for general use. As Marco Polo reported enthusiastically in 1275, "I tell you that people are glad to take these tokens, because wherever they go in the empire of the great Khan, they can use them to buy and sell as if they were pure gold".
Europeans had to wait until the 17th century when Sweden took the lead in issuing paper currency. Other countries gradually followed the Swedish example.
Source:
René Sedillot: Muscheln, Münzen und Papier
china
Song dynasty.
china ithink
John
This is when paper money first became popular. It was actually in 806 AD that paper money was used. The Chinese were the first ones to give bank slips and paper money under the T'ang dynasty. It was later abandoned in 1455 in China only to be reinstated in the 1800s.
The Ancient Chinese invented paper and money. Money was invented by the first king of China and paper was invented by a man in China by bamboo.
the han dynasty invented the paper money
china
The first country to issue paper money was China and it was invented by Jiaozi of the Northern Song Dynasty.
Jiaozi of the Song Dynasty
The chinese invented paper money i swear
China
Nope, paper was invented in China in the 2nd century AD.
Paper was invented in China. Papyrus is older, but is not paper.
yes because china made paper money first.
Paper money was actually invented by the Chinese during the 7th century.
No, paper was not invented in India. Paper was invented in China around 105 CE. This was during the Han dynasty.