China – People’s Republic The Empress of China 1986 Silver Proof 5 Yuan 36mm (26.70 grams) 0.900 Silver (0.7726 oz. ASW) Reference: KM# 152, Y# 132 中华人民共和国 1986, Great Wall, date below. 美国“中国皇后号”帆船 5元, The Empress of China, first American ship to make a trade voyage to China.
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Empress of China, also known as Chinese Queen, was a three-masted, square-rigged sailing ship of 360 tons, initially built in 1783 for service as a privateer. After the Treaty of Paris brought a formal end to the American Revolutionary War, the vessel was refitted for commercial purposes. She became the first American ship to sail from the newly independent United States to China, opening what is known today as the Old China Trade and transporting the first official representative of the American government to Canton.
The first American merchant vessel to enter Chinese waters left New York harbor on Washington’s birthday, February 22, 1784. The Empress returned to New York on May 11, 1785 after a round voyage of 14 months and 24 days. The success of the voyage encouraged others to invest in further trading with China. President Washington bought a set of Chinese porcelain tableware from the ship.
The ship’s captain John Green (1736–1796) was a former U.S. naval officer, its two business agents (supercargos), Samuel Shaw (1754–1794) and Thomas Randall (1723–1797), were former officers in the U.S. Continental Army, and its syndicate of owners, including Robert Morris (1734–1806) were some of the richest men in the new nation.
Chinaa, officially the People’s Republic of ChinaPRC) since 1949, is a country in East Asia and the world’s most populous country, with a population of around 1.404 billion. Covering approximately 9,600,000 square kilometers (3,700,000 sq mi), it is the third- or fourth-largest country by total area, depending on the source consulted. Governed by the Communist Party of China, the state exercises jurisdiction over 22 provinces, five autonomous regions, four direct-controlled municipalities (Beijing, Tianjin, Shanghai, and Chongqing), and the special administrative regions of Hong Kong and Macau.
China emerged as one of the world’s earliest civilizations, in the fertile basin of the Yellow River in the North China Plain. For millennia, China’s political system was based on hereditary monarchies, or dynasties, beginning with the semi-legendary Xia dynasty in 21st century BCE. Since then, China has expanded, fractured, and re-unified numerous times. In the 3rd century BCE, the Qin unified core China and established the first Chinese empire. The succeeding Han dynasty, which ruled from 206 BC until 220 AD, saw some of the most advanced technology at that time, including papermaking and the compass, along with agricultural and medical improvements. The invention of gunpowder and movable type in the Tang dynasty (618-907) and Northern Song (960-1127) completed the Four Great Inventions. Tang culture spread widely in Asia, as the new maritime Silk Route brought traders to as far as Mesopotamia and Horn of Africa. Dynastic rule ended in 1912 with the Xinhai Revolution, when a republic replaced the Qing dynasty. The Chinese Civil War resulted in a division of territory in 1949, when the Communist Party of China established the People’s Republic of China, a unitary one-party sovereign state on Mainland China, while the Kuomintang-led government retreated to the island of Taiwan. The political status of Taiwan remains disputed.
Since the introduction of economic reforms in 1978, China’s economy has been one of the world’s fastest-growing with annual growth rates consistently above 6 percent. As of 2016, it is the world’s second-largest economy by nominal GDP and largest by purchasing power parity (PPP). China is also the world’s largest exporter and second-largest importer of goods. China is a recognized nuclear weapons state and has the world’s largest standing army and second-largest defense budget. The PRC is a permanent member of the United Nations Security Council as it replaced the ROC in 1971, as well as an active global partner of ASEAN Plus mechanism. China is also a leading member of numerous formal and informal multilateral organizations, including the Shanghai Cooperation Organization (SCO), WTO, APEC, BRICS, the BCIM, and the G20. China is a great power and a major regional power within Asia, and has been characterized as a potential superpower.
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