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The Origins and Outcome of the Opium Wars Between Britain and China Nicollette E. Goros Ashford University HIS104: World Civilizations II (ADH2033A) Peter Milich, Ph.D. August 31, 2020
The Origins and Outcome of the Opium Wars Between Britain and China Simkin, R. (1842) Watercolor. The 98th Regiment of Foot at the attack on Chin-Kiang-Foo, 21 July 1842. After Britain lost North America to the American Revolution in the late 18 th century; combined with conflicts leaving them cut off from the silver mines of South America; and further, the costly conquests of part of s of India; they had little revenue left to continue their foreign conquests. This would mean they would need to find new sources of revenue. The expansion of European imperialism in Asia was economically driven. China was a very wealthy country and its products were in high demand. A great amount of silver was flowing into China for their exotic goods and because China had all the raw materials and goods they needed and as such had little use for imported goods, little revenue was returned, resulting in a very large trade deficit. This trade deficit was caused by Britain's love and demand for Chinese good such as silks, porcelain, and especially black tea. Tens of millions in silver was being sent to China for