China - bruinhistory

advertisement
By Marcus Butler
Travis Burns
Anthony Perez
Craig Powell

china is located close to the center of Asia.

The economy of the American British colonies at
the time of the revolution was extractive. Natural
materials such as lumber, fish, rum were harvested
and traded within the British empire.
Manufacturing and other kinds of trade were
prohibited by the Navigation Act of 1651 and
subsequent legislation. North American British
colonials were thus required to purchase Asian
goods through England rather than engaging in an
independent Asian trade. One of the contributing
causes of colonial unrest was the exclusion of
Americans from what was seen in the colonies as a
very lucrative China trade.
The demand for Chinese products—tea, porcelain, silk, and
nankeen continued after the Revolution. Having seen the
British make great profits from the trade when the colonies
were prevented from direct trade with China, Americans
were eager to secure these profits for themselves. The need
to provide employment for people who had depended on
the sea for their livelihood, the need to continue importing
manufactured goods as yet unavailable from American
sources, and the need to generate capital for development
stimulated the development of a new kind of foreign trade.
Direct trade with China was part of this trade. With the
volume of foreign trade relatively small during the early
years of the Republic, trade with China played a significant
role.


Tea was the most important imported commodity
Americans obtained from China through the end
of the 19th century. Initially, American imports
from China largely consisted of cloth as well as tea.
Tea became the dominant commodity, expanding
from approximately 36% of the total imports from
China in 1822 to 65% in 1860.
By the 1830’s, trade routes were well established
between the United States and China, and the
names of ports in the Eastern hemisphere, once
exotic and mysterious, were becoming increasingly
familiar to Americans as places of importance to
the United States’ economy.


The relationship between China and America is
very complex.
Tensions are stable.


China and the U.S. are not enemies but they
also are not friends.
China and the U.S. are MAJOR trade partners.

The United States did the right thing at the
time, but it eventually led to a lot of debt with
China.


The benefit that The Unites States got out of the
intervention is a lot of trading with china.
A consequence that The United States has to
deal with is debt.
Download