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The East India Company recouped its expenditures on Chinese products by selling these goods, particularly tea, silk, and porcelain, at a significant markup in Europe. Additionally, they generated revenue through the opium trade, particularly in China, where they exchanged opium for silver, which was then used to finance further imports. This trade strategy allowed the company to balance its accounts and maintain profitability despite the high costs of importing Chinese goods.

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5d ago

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