Moves to establish trams in Peking (Beijing) started in 1921 when the city's government established the Beijing Electric Trolley Joint Stock Company and used company shares to secure a $2 million loan from Banque Franco-Chinoise pour le Commerce et l'Industrie to fund them. Virtually all equipment was imported – the tram tracks from France, streetcars from Japan, power generation equipment from Sweden and Germany, and repair facilities from Britain. Tram services began on 17 December 1924.
From then on it was a familiar international pattern of system growth followed by post-WW2 reductions in favor of buses, which here began in 1958, and eventual complete closure, which here occurred in 1966.
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