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The coming of the West significantly impacted China's economy by opening it up to foreign trade and investment, leading to both opportunities and challenges. The influx of Western goods and ideas stimulated certain sectors but also undermined local industries, causing economic dislocation. Additionally, unequal treaties imposed by Western powers limited China's sovereignty and led to the exploitation of its resources. Overall, this period marked a transition toward modernization, albeit with substantial social and economic turmoil.

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1w ago

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