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The sale of the Empress of China's cargo had a significant impact on other merchants by demonstrating the profitability of trade with China, particularly in tea and silk. It heightened competition among merchants eager to capitalize on the lucrative market, leading to increased shipping activity and the establishment of more trade routes. Additionally, the success of this venture encouraged further investments in the East India trade, ultimately shaping the dynamics of global commerce in the 18th century.

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2w ago

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