SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (65506)8/16/2010 1:07:33 PM
From: Hawkmoon4 Recommendations  Read Replies (2) | Respond to of 218253
 
look up your history instead of just making them up per your sorry read of the situation that the simplest logic can pierce,

So a industrially undeveloped country had no desire to purchase industrial goods from Europe? Right..

It was about power, or more correctly protection of power.. The Emperor, rightly so, thought that opening up his ports to strange ideas, let alone high-tech, would undermine his power and potentially increase the power of his Chinese rivals. That's why all legitimate trade was placed in the control of the Cohongs and put under scrutiny of the Hoppos.

the british had a choice to balance the trade equation as then existed, move silver or move drugs,

It was the ONLY choice the Chinese Emperor left to them.. Chinese governmental policies of "beggar thy neighbor" was a form of economic warfare. They didn't believe in free and fair trade, so the British (and their Chinese distributors) opted to sell what they knew would be popular, as well as sending the message to the Chinese emperor. Not saying it was right, but it WAS business.

It's the same reason that Westerners can't do business in China without a majority Chinese owner of the Chinese corporation.

And it's why so many Western intellectual property rights are OUTRIGHT STOLEN AND COPIED by Chinese corporations.

In sum, as was the case in Japan for so many years, foreigners are often prevented from obtaining a majority stake in China.

I don't believe there is the same impediment for a Chinese company to do business in the US, but there should be in the spirit of reciprocity of trade relations.

As for what think about opium, I'm not British, nor did I live during those times. But it's the nature of "empires" in conflict to use whatever ruthless means necessary to achieve an economic and strategic advantage.

Hawk