Modern paper money isn't made of paper ... bordered by foreign and sometimes hostile states. China's rulers didn't want valuable gold and silver currency to leak into foreign lands, and so ...

806 AD: Paper Currency The first paper banknotes appeared in China. In all, China experienced over 500 years of early paper money, spanning from the ninth through the fifteenth century.

China's leaders are bracing for potential shocks to the economy from higher tariffs once U.S. President-elect Donald Trump ...