The British were forced to pay for their imports with silver. The British sent increasing quantities of silver to China, especially in exchange for tea, which was in great demand by British. At first, the British tried to negotiate with the Chinese to improve the trade imbalance. When negotiating failed, the British turned to trading opium.
Britain used military force to expand trade.
british and french demands created trade imbalance.
The British forced China to trade for tea and silks primarily by exporting opium, which was grown in British-controlled India. As the Chinese population became increasingly addicted to opium, demand surged, leading to a trade imbalance that favored Britain. This situation ultimately resulted in the Opium Wars, which forced China to open its markets and cede territories, such as Hong Kong, to British control. Through these conflicts, Britain established a significant foothold in Chinese trade.
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.
Trade with the ememy in the revolutionary war hinged on international law. The U.S model commercial treaty of 1776 and the treaty of Armity. ---------------------------------------------------------------------------------------------------------------------------------- The British were a trading nation and felt that while China was quite prepared to export porcelain, silk and tea to the British and obtain lots of money for this, they were refusing to allow the British to send and sell British goods (apart from mechanical devices like clocks) in China. In other words there was an artificial imbalance in the arrangements for trade imposed by the Chinese authorities. The British felt this was not fair and decided to undermine the Chinese government imposing it.
Trade imbalance, lost jobs, lost land, losing the country.
The British wanted to trade opium for China's resources.
British and French demands for american goods created a trade imbalance. #NOVANET#
British and French demands for american goods created a trade imbalance
At the end of the 1830's the English had a negative trade balance with China. Negotiations were held but, by the end of the decade it was clear that China would not change their stance and the British were running out of silver. A decision was made to smuggle opium into China and sell it to try and recover some of the trade imbalance. This worked well until the Emperor noticed the drain on his silver stockpile at which time he declared smoking opium a capitol crime and surrounded the trade enclave and threatened further action unless the foreign opium was sent out and destroyed. The British, arguably the superpower of that time, sent their Expeditionary force from India and forced terms upon China.
Opium
British and French demands for american goods created a trade imbalance. #NOVANET#