How did the British economically exploit the Chinese?
Open in App
Solution
The British economically exploited the Chinese: (a) Britain imposed many restrictions and conditions on China by the Treaty of Nanking. (b) Hong Kong was ceded to Britain and China had to pay a war indemnity of 21 million dollars to Britain. (c) Five more ports were opened for British trade. (d) It allowed foreigners to travel in the interiors of China
(e)Trade concessions like low tariff duties were granted to western countries.