William

21%
Flag icon
The background to Western pressure on Japan was Western pressure on China, which produced far more goods desired by the West than did Japan. European consumers especially wanted Chinese tea and silk, but the West produced little that China wanted in return, so Europeans had to make up that trade deficit by shipping silver to China. In order to reduce the hemorrhaging of their silver stocks, British traders got the bright idea of shipping cheap opium from India to sell to China at prices below those of existing Chinese sources. (No, that British opium policy is not an invented anti-Western ...more
Upheaval: Turning Points for Nations in Crisis
Rate this book
Clear rating
Open Preview