May 24, 1910, the monetary regulation was issued. The unit was decided to be 'yuan'. since the Mid-Qing period, monetary issue became a serious problem to China. It not only caused Opium War in the foreign affairs, but also brought about unease in the society in the domestic term. Intellectuals of the time were concerned and discussed the problem. For the details of local factors, you may refer to our research finding: Lin Man-houng "Social Theories Revealed: The Statecraft Controversies over China's Monetary Crisis, 1808-1850".
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