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Shanxi province, China
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Shanxi Province, China

After the defeat of Japan, much of the Shanxi countryside became important bases for the communist People's Liberation Army in the ensuing Chinese Civil War. Yen had incorporated thousands of former Japanese soldiers among his own forces, and these soldiers became part of his failed defense of Taiyuan against the People's Liberation Army in early 1949.
For centuries Shanxi served as the center of trade and banking, with the term "Shanxi Merchant" (晋商 jìnshāng) once synonymous with wealth. The well-preserved city of Pingyao in Shanxi also shows many signs of its former dominance as a center of trade and banking. Due to Shanxi's geographic location in the Great China and its natural environment, Shanxi was the richest province in Zhongyuan or Center China. In the Qing Dynasty, Pingyao served as the centre of Chinese banking industry. This county, in contemporary time, is famous for its UNESCO ancient city walls and ancient China's Wall Street for its financial importance in history. In modern times, coal mining is important in Shanxi's economy, but severe critics have complained of deplorable mine conditions. Since 2004 the province has been plagued with labour safety issues, including a slave labour scandal involving children, causing significant civil unrest and national embarrassment.

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