Abstract
This paper probes the mechanism of present-day periodic markets and how they operate through a detailed case study of periodic markets frequented by different ethnic groups in Jinping county, Yunnan, China. It sets out to identify the defining characteristics of periodic markets and considers the question of why they arise and why they continue to survive today. Past research has demonstrated that a key feature of periodic markets in traditional China was their accessibility and the freedom that they afforded local residents in buying and selling commodities. Fieldwork confirms that six-day-cycle markets, based on the 12-day Chinese zodiac, in Jinping county do give producers of all ethnicities the freedom to sell their produce, but alsopoints out that the market environment encourages the spontaneous specialization of production skills and provides an important place for social interaction and expression of the local cultures.
