France narrowly avoided revolution at the end of the 18th centaury , and the death of last bourbon king lead to the crown passing to the spanish branch of the family .

世纪末叶，法国谨慎地避免了革命，随着波旁王朝最后一位国王辞世，王冠转移到了王室西班牙分支。

Almost one hundred and sixty years have passed since the emergence of china 's security market in the middle of19th centaury , the change of which had close relationship with the political system , the economy , the military and the culture at that period .

中国证券市场自十九世纪中叶产生以后，发展至今已有近一百六十年的历史，其间的每一个曲折回环、每一次突破发展，无不与当时的政治、经济、军事和文化思想有关。