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opium war
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Cards (10)
1842 -
Treaty of Nanking
signed,
Hong Kong
ceded
to Britain
there was a
trade deficit
because the
US
was
buying a lot
of goods such as tea and porcelain but
China
only
wanted silver.
Since Britain was
losing
a lot of
money
, they decided to
use opium
which was made from poppies in India to
get their money
back
from
the
Chinese
Britain
flipped
the
trade deficit
, now we started to give them the
silver
many people got addicted to opium. their
health declined
and there was
reduced labour
and this
affected military power
Britains
and
China
went to war but ultimately China lost and they signed the treaty of Nanking
Britain got
HK
and
21 million dollars
China was forced to open
5 ports
for trade
most favoured nation
policies
that other countries
didnt need to follow
,
Britain
also
don't need to follow
extraterritoriality
Chinese laws do not apply to British
people on Chinese soil