Flying cash (: ), or Feiqian, was a type of paper used during China's invented by merchants but adopted by the state. Its name came from their ability to transfer cash across vast distances without physically transporting it. It is a precursor to true which appeared during the . According to the , in the year 804, merchants were using flying cash. Betwee. [pdf]
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The emergence of oil production in the territory now known as dates back to 1857, with oil facilities gaining strategic military significance in 1916 during . Throughout , the held the position as the largest oil producer in Europe, second only to the USSR, whose primary oil source was located in Azerbaijan. The oil extracted from Romania. [pdf]
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