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lec35 (dragged) 1

lec35 (dragged) 1 - privileges The Chinese insisted that...

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2 Lecture 35 granted a monopoly to control the trade in tea between England and China. Because the trade advantage favored China, which demanded gold, England sought to leverage its position in India and trade Indian opium for tea and other important Chinese products such as silk. (The English claimed to consider opium a rather ordinary vice similar to our feelings concerning alcohol and tobacco.) The opium habit had entered China earlier from India but the Chinese were concerned, (similar to our current concern with South American co- caine), and prohibited the importation in 1729 and 1800, and the habit was in decline. The Chinese emperor found importation of opium reprehensible but had not the power to counter the British insistence on trade
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Unformatted text preview: privileges. The Chinese insisted that the British traders put up bond to ensure their compliance with the prohibitions on opium imports and destroy their opium stocks, measures which the English found arbitrary and dictatorial, and from 1839 to 1844 armed con f ict began between China and England to establish English trading demands. China lost the Opium Wars , and as a result ceded Hong Kong (!) which was returned on July 1, 1997. The tea trade was to have a profound effect on the relationship between China and the West and had important consequences for the future history of China....
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