The cultural background of the country is a strong determinant of its monetary status and the development of its economy. With records stating the Shang dynasty being the first dynasty in recorded history of China, Its cultural traits go back to them, approximately 4000 years ago. Artifacts and remains preserved in the museum indicated that the Shangs were trained laborers who made beautiful pottery and other intricate art objects. The economic health is also depicted by the values of hard work, truthfulness, fidelity and reliability, respect. There are indications of these traits being demonstrated by the Confucians. Thirdly, the traits, character and skill of one political leader can sometimes leave an everlasting impact. This can be said in the case of the emperor of Qin. Market economy in China is not new; the work of Sim Qian traces the existence of Market economy till way back in the Han Dynasty. Similarly traces of foreign trade can be found in the Tang dynasty. It is believed that under the Tang Dynasty, there was great stress on fostering foreign trade which certainly had and has an impact on the economic health of China (Chow, 2002).