Question

account for the causes of canton trade failure​

Answer 1

Answer:

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Answer 2

Explanation: Causes of Canton Trade failure​

• The Canton trade system evolved between foreign merchants mainly British and Chinese.
• The trade flourished in the trading city of Guangzhou (Canton) situated in the South China between seventeenth and nineteenth century.
• The main features of the above trading pattern developed between  the period 1760 and 1842.
• During this period foreign trade would enter China however confined to Canton.
• The foreign traders which entered the city were made to follow a series of regulations laid down by the government of China.
• There were many factors which led to the end of Chinese trade dominance  over  the West.
• One was the trade of opium which the Western powers started  smuggling into China .The main reason of doing so was to make amends for a lack of other exports.
• Secondly was the naval technology marked by the unfolding of steam-powered vessels by the western world which were deployed both as warships and merchant ships.
• The Canton trade system collapsed after the Opium War which lasted from 1839 to 1842.
• In this war the Chinese were defeated by the British under the pretext of free  trade.
• The defeat forced the Chinese to legalize imports of opium,  agree to fixed low tariff and opening of new ports for trade.

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