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Explain what it means that the British had an unfavorable trade balance in China?
Wiki User
∙ 13y ago
im guessing you rion mr poseys class?
Wiki User
∙ 13y ago
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What did the british trade with china to settle the unfavorable trade balance?
porcelain, exotic tea, and silk.
How did Great Britain seek to correct its balance of trade with China?
selling opium
How long does it take to transport goods from China to Vancouver by boat?
It takes 8 days, 3 hours, 20 minutes to travel from Shanghai, China to Vancouver British Columbia by ship. The distance is 5,620 miles.
How does China's economic policies affect the US?
The situation will be replicated as once Japanese goods overflooded the U.S. market. With China's huge production base and aggressive export marketing strategy, time will come when balance of trade between the two countries will be in favor of China and domestic U.S. manufacturers will cry for protectionism to guard against chinese goods and save domestic industries.
What currency for Chinese?
The renminbi is the official currency of the People's Republic of China.It is more commonly known outside China as the Yuan. (Similar to British currency being known as Sterling and the Pound)The International currency code is CNY
What did the british trade with the china to settle the unfavorable trade balance?
porcelain, exotic tea, and silk.
What did the british trade with china to settle the unfavorable trade balance?
porcelain, exotic tea, and silk.
What it means that the British had an unfavorabe trade balance in China?
It means that the British were importing more goods from China than they were exporting goods to China.
Motive of the British in the Opium Wars?
the negative trade balance between Britain and China
To reverse the balance of trade with China British merchants sold to Chinese smugglers.?
Opium
What reason did the British fight in the opium war?
he negative trade balance between Britain and china
Why if the following was a motive of the in the opium wars?
Trade. Export of opium to China (grown in British India) had been a very profitable business for the British. When the Chinese Government tried to put a stop to it, Britain started the war to force China to re-open its market for this British export product.
How does the opium war explain why Britain wanted an empire?
They don't. Britain already had an empire, and its future growth wouldn't be in China. The first war was fought to prevent an adverse merchandise trade balance by forcing China to admit British-supplied drugs. The second was a pure act of British loutishness without even the deplorable economic motivation of the first. Britain won both but took only Hong Kong and an unjust but modest indemnity. Trade was the prize, not empire.
Was China ever been ruled by British?
China, as a country, was never ruled by the British. Part of present day China were once British colonies (Hong Kong).
What did China give British control of?
China Gave up control of Hong Kong to the British.
Why were the British eager to end the ban on opium in China?
The British wanted to trade opium for China's resources.
When did china join the British empire?
China never joined the British Empire. However, two small parts of China were part of the British Empire. Weihaiwei-1898-1930 Hong Kong-1841-1997
