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The use of silver was very important during the Ming Dynasty in China. Silver was used to pay taxes and was essential for larger trading transactions. Silver is also not a natural resource found in China, and they would normally have to barter with many countries to gather silver.
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What trade goods did the Europeans find available in Africa?
gold, silver, ivory.
Which one was the only thing Chinese wanted from the europeans?
The only significant thing that the Chinese wanted from Europeans during the 18th and 19th centuries was silver. Chinese trade policies favored the exchange of their goods, such as tea, silk, and porcelain, for silver, which was highly valued in their economy. This demand for silver led to significant trade imbalances, particularly with Britain, ultimately contributing to the Opium Wars when Britain sought to trade opium in exchange for Chinese goods.
Why have rising incomes in china led to a growing demand for consumer goods?
because china is developing very quickly
Why did European explorers came to the New World?
The Europeans came to the New World on accident to find an alternative trade route to Asia, and believed they landed in the Indian subcontinent. The Europeans later took gold and silver from the New World to buy and trade goods with China.
Why was it difficult for European merchants to trade with china before the early 1800s?
APEX There was little demand for European goods in china.
What did the Aztecs demand of the cities they defeated?
they demanded their goods like gold, silver, and co-cane
What did Aztecs demand of cities they defeated?
they demanded their goods like gold, silver, and co-cane
What role did Europeans primarily play in commercial exchange with China During the rule of Emperor Qianlong?
During the rule of Emperor Qianlong (1735-1796), Europeans primarily acted as intermediaries in commercial exchange with China, focusing on the trade of luxury goods such as tea, porcelain, and silk. The British East India Company was particularly prominent, navigating China's strict trade regulations and limited ports. Europeans sought to access Chinese markets for these coveted products, but their influence was constrained due to China's self-sufficient economy and the Qing dynasty's restrictive trade policies. Overall, European engagement was marked by a complex interplay of demand for Chinese goods and the challenges of navigating China's socio-political landscape.
Who were the middle men who raised the prices of goods brought back to Europe from the far east?
the middle mens were the europeans China's
What did Europeans trade for Asian Luxuries?
Gold, silver, and natural resources were Europeans main goods shipped off to the orient. as well as weapons and ships, although these were usually restricted sales items you could sell with government permission only. Also early on due to a Chinese embargo on japan, Europeans developed a trade triangle between them, buying silk in china and selling it for silver in japan, which they went back to buy more silk from china. in this manner they became extremely rich as they were the only way japan could get their silk which was needed in their hot summers.
What goods were traded between the US and China during the 1800s?
China was an isolationist country that did not want to trade with other nations, especially not Europeans. However, Europeans basically took over China and cut it into little pieces among the French, British, Germans, Italians, and Portuguese. They then forced China to trade with them. The trading was very helpful to Europeans, and in the long haul, the Chinese as well.
How did the crusades increase European trade interest?
During the war, the Europeans encountered a variety of Asian goods. After the war, they continued to demand these items.
