Describe the cycle of silver from Britain to China and back?

Answer 1

The cycle of sliver from Britain to China and back to Britain again was that silver gained from the sale of Opium helped purchase Chinese tea, which the English drank a lot of per year. The tax on tea provided Britain with ten percent of its revenue. The British government had a vested interest in not only maintaining, but increasing the amount of opium sold in China. Silver gained from the sale of opium helped purchase Chinese tea, which the English drank by the millions-of-gallons every year. The tax on this tea provided the British government with ten percent of its revenue. Britain's expanding sales of opium to China caused the Opium War of 1839. China wanted sales stopped and destroyed an opium shipment at Guangzhou. The British responded by attacking the port cities shown on the map. The war ended in 1842 with a treaty favorable for the victorious British.