Chinese token (alternative currency)

Chinese tokens (Traditional Chinese: 中國代用幣; Simplified Chinese: 中国代用币; Pinyin: zhōng guó dài yòng bì) were an alternative currency in the form of token coins produced in China during the late Qing dynasty around the time of the Taiping Rebellion in the province of Jiangsu but not by the Taiping government, which had issued its own currency. Later tokens were again issued in Jiangsu during the Japanese occupation. These tokens were typically made by merchants and local businesses as well as local authorities and had nominal values denominated in their value in cash coins.


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