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Hu Xueyan
10/05/2012 11:06:42    Author : kathyby66@gmail.com    Browse : 1514

Hu Xueyan

Hu Xueyan (1823-1885) was a well-known Chinese businessman active in the 1870s and 1880s. In 1866, he assisted Zuo Zongtang in establishing Fuzhou Ship-Building Bureau. When Zuo was transferred to the post of Governor General of Shaanxi and Gansu, Hu was in charge of the affairs in Shanghai Procurement and Transportation Bureau. During the period, he borrowed large sums of money from outside for Zuo Zongtang as soldiers" pay and provisions and for ammunition purchasing. He also did business in traditional Chinese medicine, silk and tea etc, taking control of the commercial trade in Jiangsu and Zhejiang. His capital reached over 20 million ounces of silver at the highest and Huqingyutang Traditional Chinese Medicine Store was established at that time.

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