It is really unfair that we can only get Chinese goods in Canton, and that we have to go through the Hong (monopoly) first! This has to change!
During the 18th and 19th centuries, Chinese goods, such as silk, tea and porcelain were in high demand in Europe. The issue with this though, was that the Chinese were implementing strict trade controls, making it difficult for the Europeans to get their goods.
I agree! I think we need to come up with a way to loosen up the strict trade in China.
During the 19th century, the Europeans were illegally sending Opium to China, by using the East India Company to send the Opium there.
East India Company
People in China were becoming addicted to Opium, and they became dependant on it. This was helping the British because they wanted to get Chinese goods for a better price, and they were already in a trade deficit with China.
OH MY GOSH IM ADDICTED I NEED MORE !!!
China is getting angry with the British, and they destroy the Opium (about 1,400 tons) being held at Canton in 1839.
OH CRUMPETS! A FIRE! THE OPIUM IS DESTROYED!
Conflicts begin to worsen, when the British destroy a blockade in Hong Kong (1839), and when they capture a port in Canton. In 1841, the representatives do reach an agreement, but not the countries.
The fights end when the British capture Nanking, In 1842, The Treaty of Nanking is signed, ending the First Opium War.
Treaty of Nanking, 1842
Glad we could reach an agreement.
Finally, In 1843, the Treaty of the Bogue was signed to supplement the other treaty, and it provides Great Britain with a "most-favoured nation" status. this gave them better benefits in trade with China.
Thank you for making a deal with with us that benefits us.