Chapter

Yan Family 1734–1780s

Paul A. Van Dyke

in Merchants of Canton and Macao

Published by Hong Kong University Press

Published in print December 2012 | ISBN: 9789888028917
Published online January 2013 | e-ISBN: 9789882208650 | DOI: http://dx.doi.org/10.5790/hongkong/9789888028917.003.0010
Yan  Family 1734–1780s

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The Yan family was very important to the growth of the Canton trade. Texia and Simon took the business by storm in 1734, and within two years were in control of the lion's share. They quickly gained the confidence of all the foreign companies, and became one of the most respected and responsible houses in the trade. By sending their own agents into China's interior, the Yans gained better control over quality and quantities; by maintaining their own fleet of junks, they were able to ensure that adequate supplies of input goods arrived each year to keep the foreign trade moving forward; and by having a relative, Hongsia, closely involved with both the foreigners and junks at the same time, the family had resources that few other houses in Canton could match.

Keywords: commerce; bankruptcy; junk trade; Southeast Asia; China

Chapter.  9790 words. 

Subjects: Asian History

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