Cohong, also called hong or cong-hong, was a guild of Chinese merchants.
Cohong, also called hong or cong-hong, was a guild of Chinese merchants. Correct Answer Fact
Cohong was the guild of Chinese merchants authorized by the central government to trade with Western merchants at Guangzhou (Canton) before the First Opium War (1839–42). Such firms often were called “foreign-trade firms” (yanghang) and the merchants who directed them “hong merchants” (hangshang).