The problem was that the Chinese would not buy British products in return. They would only sell their goods in exchange for silver, and as a result large amounts of silver were leaving Britain.
What problems did Britain have China?
There was a high demand for Chinese tea, silk and porcelain in the British market. However, Britain did not possess sufficient silver to trade with the Qing Empire. Thus, a system of barter based on Indian opium was created to bridge this problem of payment.
What was the main conflict between China and Britain?
The first Opium War (1839–42) was fought between China and Britain, and the second Opium War (1856–60), also known as the Arrow War or the Anglo-French War in China, was fought by Britain and France against China.
What caused the trade imbalance between Britain and China?
Britain and other European countries undertook the opium trade because of their chronic trade imbalance with China. … The opium trade, which created a steady demand among Chinese addicts for opium imported by the West, solved this chronic trade imbalance.
Why did Britain have a trade imbalance with China in the 19th century?
The primary motive of British imperialism in China in the nineteenth century was economic. There was a high demand for Chinese tea, silk and porcelain in the British market. However, Britain did not possess sufficient silver to trade with the Qing Empire.
What did Britain get from China according to the Treaty of Nanjing?
In the Treaty of Nanjing that ended the First Opium War in 1842, Britain made China pay a huge indemnity (payment for losses in the war). Britain also gained Hong Kong; The Treaty of Nanjing is the treaty which marked the end of the First Opium War and would have a lasting effect on East -West relations.
Why was Great Britain dependent on the tea trade?
The British were still entirely dependent on the cooperation of the Chinese Emperor, who insisted that the tea was to be paid for with silver bullion. This created a problematic trade imbalance, leading the East India Company to consider trading secretly with another commodity: opium that was grown in India.
Why did tensions develop between Great Britain and China in the mid 19th century?
Why did tensions develop between Great Britain and China in the mid-19th century? Chinese traders refused to pay fair prices for British manufactured goods. British traders refused to stop breaking Chinese laws against selling opium.
What did the British Empire trade with India?
The East India Company was an English company formed for the exploitation of trade with East and Southeast Asia and India. … It also traded cotton, silk, indigo, saltpeter, and tea and transported slaves.
What was traded in the 19th century?
Importing pepper, tea, silk, coffee, porcelain, fur, leather, wood, ivory, spices, iron, textiles, gum copal, and slaves, and exporting fish, lumber, textiles and leather goods, American ships crossed all the seas and helped to complete mapping the planet.