A Top Scholar From A Humble Background.

Summary

Shen Xi proposed transforming a silver house into a fully functional bank, supported by the merchant association for savings and loans. Hui Niang recognized the benefits, especially for traveling merchants who faced risks carrying large amounts of silver. Despite her concerns about the substantial initial investment, Shen Xi suggested collaborating with guild members to share the financial burden. He outlined a plan requiring only 1,500 taels initially, with future investments based on demand. Shen Xi documented his ideas in detail, emphasizing the importance of clear communication for gaining merchant trust. Hui Niang, eager to understand, sought Shen Xi's guidance on the complex concepts involved in establishing the bank.

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