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In the 1700s, the British faced a trade imbalance with China due to high demand for Chinese goods like tea, silk, and porcelain, while Chinese interest in British products was minimal. To address this, the British East India Company began exporting opium from India to China, which created a lucrative market and allowed the British to earn silver to pay for their imports. This trade not only balanced their accounts but also led to significant social and economic consequences in China, ultimately contributing to the Opium Wars.

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1w ago

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