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==== China ==== * Emperor [[Emperor Xuanzong of Tang|Xuan Zong]] liquidates the highly lucrative "Inexhaustible Treasury", which is run by a prominent Buddhist [[monastery]] in Chang'an. This monastery collects vast amounts of money, [[silk]], and treasures through multitudes of rich people's repentances, left on the premises anonymously. Although the monastery is generous in donations, Xuan Zong issues a [[decree]] abolishing their treasury, on the grounds that their banking practices were fraudulent, collects their riches, and distributes the wealth to various other [[Buddhism|Buddhist]] monasteries, [[Taoism|Daoist]] abbeys, and to repair statues, halls, and bridges in the city. * In [[Chang'an#Citywide events|Chang'an]], for the annual [[Lantern Festival]] of this year, recently abdicated emperor [[Emperor Ruizong of Tang|Rui Zong]] erects an enormous [[lantern]] wheel at a [[city gate]], with a recorded height of 200 ft. The frame is draped in [[Brocade (fabric)|brocades]] and silk [[gauze]], adorned with [[gold]] and [[jade]] jewelry, and when its total of some 50,000 [[oil]] cups is lit, the radiance of it can be seen for miles. * Xuan Zong allots the money of 20 million copper [[coin]]s, and assigns about 1,000 craftsmen to construct a hall at a Buddhist monastery with tons of [[Portrait painting|painted portraits]] of himself, and of deities, ghosts, etc. * Xuan Zong wins a power struggle with his sister, [[Princess Taiping]]. He executes a large number of her allies and forces her to commit [[suicide]].
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