Problems of English Merchants with the Tea Trade with China
Problems of English Merchants with the Tea Trade with China
Problem of English Merchants with the Tea Trade from China: England at this time produced nothing that could be easily sold in China. The Confucian rulers of China, the Manchus, were suspicious of all foreign merchants.
The Manchus were unwilling to allow the entry of foreign goods. In such a situation, Western merchants found difficulty in financing the tea trade. They could buy tea only by paying in silver coins or bullion
This meant an out flow of treasures from England, a prospect that created widspread anxiety. It was believed that a loss of treasures would improverish the nation and deplete its wealth.Merchants therefore looked for ways to stop this loss of silver . They searched for a commodity they could sell in china, something they could persuade the chinese to buy.
Opium as a Medium of Exchange: opium was a such commodity The Portuguese had introduced opium into China in the early 16th century. Opium was however, known primarily for its medical properties and used in very small quantities for certain types of medicines. The Chinese were aware of the dangers of opium addiction and the Emperor had forbidden its production and sale except for medicinal purposes. But Western merchants in the mid—18th century began an illegal trade in opium. It was unloaded in a number of sea ports of South-Eastern China and carried by local agents to the interiors. While the English cultivated a taste for Chinese tea, the Chines became addicted to opium. People of all classes took to the drug As China became a country of opium addicts, British trade in tea flourished. The returns from opium sale financed the tea purchase in China.
While the English cultivated a taste for Chinese tea, the Chinese became addicted to opium. People of all classes took to the drug shopkeepers and peddlers. Lin Ze-xu , special commissioner at Canton in 1839, estimated that there was over 4 million smokers in china .
A British doctor in canton put the figure at 12 million. As China became a country of opium addicts , British trade was flourished the return form opium sale financed the tea purchase in China.
Students / Parents Reviews [20]
Being a parent, I saw my daughter improvement in her studies by seeing a good result in all day to day compititive exam TMO, NSO, IEO etc and as well as studies. I have got a fruitful result from my daughter.
Prisha Gupta
8thIt was a good experience with Abhyas Academy. I even faced problems in starting but slowly and steadily overcomed. Especially reasoning classes helped me a lot.
Cheshta
10thThird consective year,my ward is in Abhyas with nice experience of admin and transport support.Educational standard of the institute recumbent at satisfactory level. One thing would live to bring in notice that last year study books was distributed after half of the session was over,though study ...
Ayan Ghosh
8thMy experience with Abhyas academy is very good. I did not think that my every subject coming here will be so strong. The main thing is that the online tests had made me learn here more things.
Hiya Gupta
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Archit Segal
7thMy experience was very good with Abhyas academy. I am studying here from 6th class and I am satisfied by its results in my life. I improved a lot here ahead of school syllabus.
Ayan Ghosh
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Aman Kumar Shrivastava
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Manish Kumar
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Upmanyu Sharma
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Yatharthi Sharma
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Yogansh Nyasi
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Om Umang
10thAbhyas institute is one of the best coaching institute in the vicinity of Ambala Cantt area. The teachers of the institute are well experienced and very helpful in solving the problems of the students.The good thing of the institute is that it is providing extra classes for the students who are w...
Aman Kumar Shrivastava
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Eshan Arora
8thUsually we see institutes offering objective based learning which usually causes a lag behind in subjective examinations which is the pattern followed by schools. I think it is really a work of planning to make us students grab the advantages of modes of examination, Objective Subjective and Onli...
Anika Saxena
8thWe started with lot of hope that Abhyas will help in better understnding of complex topics of highers classes. we are not disappointed with the progress our child has made after attending Abhyas. Though need to mention that we expected a lot more. On a scale of 1-10, we would give may be 7.
Manya
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Aman Kumar Shrivastava
10thOne of the best institutes to develope a child interest in studies.Provides SST and English knowledge also unlike other institutes. Teachers are co operative and friendly online tests andPPT develope practical knowledge also.
Aman Kumar Shrivastava
10thAbhyas academy is great place to learn. I have learnt a lot here they have finished my fear of not answering.It has created a habit of self studying in me.The teachers here are very supportive and helpful. Earlier my maths and science was good but now it has been much better than before.
