cohong meaning in English
公行
Examples
- In the practical operation of the cohong system , interests of the different groups were involved , including the state , the guangdong customs , the hong merchants , foreign traders , and private chinese businessmen
行商握有垄断经营对外贸易的权力，同时又负责征收进出口货物的关税，代表清政府与外商交涉并进行严格的管制。 - The cohong system of early qing dynasty was the monopolistic in its separation of ownership and management , which made the hong merchants a type of official businessman and the autocratic state ' s instrument for controlling foreign trade
摘要清代前期实行的行商制度，具有对外贸易垄断所有权与垄断经营权相分离的垄断特征。