Question

How did opium trade in china affect British merchants?​

Answer 1

By 1773 the British had discovered the trade, and that year they became the leading suppliers of the Chinese market.The country traders sold the opium to smugglers along the Chinese coast. The gold and silver the traders received from those sales were then turned over to the East India Company.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.

Answer 2

Answer:

Opium trade, in Chinese history, the traffic that developed in the 18th and 19th centuries in which Western countries, mostly Great Britain, exported opium grown in India and sold it to China. The British used the profits from the sale of opium to purchase such Chinese luxury goods as porcelain, silk, and tea, which were in great demand in the West, while addiction to opium became widespread in China, leading to social and economic problems there.

By 1773 the British had discovered the trade, and that year they became the leading suppliers of the Chinese market.The country traders sold the opium to smugglers along the Chinese coast. The gold and silver the traders received from those sales were then turned over to the East India Company.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.