In the early Ming Dynasty, due to the strict implementation of the “prohibition on sea-going vessels” policy, the trade of lacquerware along the coast mainly relied on the tribute trade. Although the Ming Dynasty set up the Market Ship Bureau in Taicang to manage Maritime Silk Road trade in the early years, the tribute trade between various countries was also a kind of “false prosperity.” This is because tribute trade is entirely based on non-equivalent commodity exchange, where the value of the gift far exceeds the value of the tribute. Therefore, there was a clear trade deficit.

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Records of Lacquerware Trade in The History of Ming

  • Pan Tianbo

摘要

In the early Ming Dynasty, due to the strict implementation of the “prohibition on sea-going vessels” policy, the trade of lacquerware along the coast mainly relied on the tribute trade. Although the Ming Dynasty set up the Market Ship Bureau in Taicang to manage Maritime Silk Road trade in the early years, the tribute trade between various countries was also a kind of “false prosperity.” This is because tribute trade is entirely based on non-equivalent commodity exchange, where the value of the gift far exceeds the value of the tribute. Therefore, there was a clear trade deficit.