This section is from the book "Chinese Currency And Banking", by Srinivas R. Wagel. Also available from Amazon: Chinese currency and banking.
What are the standards that could possibly be adopted ? At this stage it is absolutely useless to think of bi-metallism - although it would suit China extremely well; practically every country that China is trading with has adopted the gold standard or slight modifications of it. And as bi-metallism is only possible through negotiation it is needless to consider it for the present.
 
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