The Rishengchang Piaohao, was the first draft bank in China. It is located in Pingyao, Shanxi province, China. Rishengchang literally translates to 'Sunrise Prosperity', and piaohao means 'draft banks
The front gate of Rishengchang's headquarters, photographed during the Qing Dynasty.
Front of the Rishengchang Bank in Pingyao, Shanxi
Royal inscribed board, saying "Financial exchange all over the world", in Rishengchang, Pingyao
One courtyard in Rishengchang
Shanxi merchants, also known as Jin merchants, were the group of merchants from Shanxi province, China. Jin is an abbreviated name of Shanxi.
Rishengchang
…centre of Qing China. The Chinese banking institutions of draft banks or piaohao were also known as Shanxi banks because they were owned primarily by Shanxi merchants. All piaohao were organised as single proprietaries or partnerships, where the owners carried unlimited liability. They concentrated on interprovincial…
H. H. Kung, also known as Kong Xiangxi
Gray roof tiles of the courtyards in Wang Family Compound
Roof top decorations in Wang Family Compound, in Lingshi