Viet+Nam3

________Social__

//With the social opposition in Asia, they had to learn English and figure out how to trade with these new people. Throughout Chinese history political and economic events have led to drastic changes in China’s economy and government. Many of these events have been internal, involving struggles within China. Others have been external, such as the Opium War. The Opium War was a political and economic event in China’s history that has led to social, economic and political changes in China. The Opium War is more than just a war, the results and changes it made created a deep impact on China and the Western World.//

__Political__

//With Eupropeans travling to Asia, they tried to refine and take over there system of government. They tried placing people in power in the Palace. Europeans came to make a monolpoy, not just to trade. They came on a conquest to gain more land.//

__Religious__

Cathloic and Prodisent preists set up monistaries and tried to conform people into there beliefs. Although this didn't have any long term affect on china it had a lasting effect on Japan. The japanise of the lower islands were convinced to try to over throught the government. After that trade was shutdown in Japan.



__Intellectual__

There military communications between everyone grew stronger because they were afraide of attacks.

____Technological__

They developed new ways to make wepons and imported and exported them.

__Economic__ __With the cancinlation of the "Canton System" and the opening of the five treaty ports, foreign trade flourished. The treaty ports which lay on the South Eastern Coast of China between Shanghai and Canton, gave Western merchants access to the most developed area of China where the economy was liveliest. Western merchants mainly bought silk and tea from China. The export of tea from China increased to 42,000,000 kg in 1855 from only 7,500,000 kg in 1843, an increase of more than 500%. The export of silk rose to 56,000 bales in 1855 from 2000 bales in 1843. With the increased demand on Chinese silk and tea, the tea and silk producing regions around the treaty ports expanded and benefited from the foreign trade. More and more farmers abandoned the production of food stuffs to produce silk and tea. As a result, food prices were driven quite high. At the same time, Canton was no longer the only port for foreign trade. With the opening of five other ports, the inland boatmen and coolies, who transported goods to Canton from other areas before the Opium War, lost their lively hood. The unemployment group swelled and became increasingly poor as the price of food increased. However, freight traffic along the Chinese coast boomed. Chinese vessels joined in, and bought licence in Hong Kong. Inland traffic was replaced by offshore traffic.

The flourishing trade activities provoked a monetary crises. The sheer volume of the trade resulted in the shortage of the Spanish silver dollar. The Spanish dollar appreciated so much out of proportion that in 1853, Canton abolished it as an unit of account and introduced the Mexican dollar. The monetary disturbances brought on by the opening of China was enhanced by the internal monetary crises in China. The Chinese copper cash continued to depreciate due to poor administration and inadequate supply of copper. The monetary crises devastated the Chinese financial system. In 1853, paper money was finally issued in China.__

Europeans imported pepper, nutmed, cloves and cinnimon.



In the 1700s the English Kings gave the emperor of China a ton of Jewles and other fine materials. The Empersor of china sent them a letter saying that the Chinese were basically too good for the English gifts.

The trade went down because the Aians began to think they were superior to the British Colonies. When it was unsafe to carryy silver as payment the british began to make the Chinese use Opium.

•King George I 1714 - 1727 •King George II 1727 - 1760 •King George III 1760 - 1820 •King George IV 1820 - 1830 •King William IV 1830 - 1837 •Queen Victoria 1837 - 1901

http://www.mamacash.org/uploads/Image/Images/NN_onbekend/web_Phallin-thai-factory.jpg

http://ideas.repec.org/p/cpr/ceprdp/983.html

http://www.turkishweekly.net/article/334/the-changing-policy-of-the-european-union-towards-free-trade-agreements-and-its-effects-on-turkish-foreign-trade-a-political-economy-perspective.html