What happened to China after losing the Opium War?
What happened to China after losing the Opium War?
China lost both wars. The terms of its defeat were a bitter pill to swallow: China had to cede the territory of Hong Kong to British control, open treaty ports to trade with foreigners, and grant special rights to foreigners operating within the treaty ports.
How did China recover from Opium Wars?
Nanjing yielded in August, and peace was restored with the Treaty of Nanjing. According to the main provisions of the treaty, China ceded Hong Kong to Britain, opened five ports to British trade, abolished the cohong system of trade, agreed to equal official recognition, and paid an indemnity of $21 million.
Why did the Qing dynasty start the Opium Wars?
Read more about the Qing dynasty. What caused the Opium Wars? The first Opium War was the result of China’s attempt to suppress the illegal opium trade, which had led to widespread addiction in China and was causing serious social and economic disruption there. British traders were the primary source of the drug in China.
When did the Opium War start and end?
Opium Wars, two armed conflicts in China in the mid-19th century between the forces of Western countries and of the Qing dynasty, which ruled China from 1644 to 1911/12. The first Opium War (1839–42) was fought between China and Britain, and the second Opium War (1856–60), also known as the Arrow War or the Anglo-French War in China,
What was the source of opium in the Second Opium War?
British traders were the primary source of the drug in China. The second Opium War was the result of the desire of Great Britain and France to win additional commercial privileges in China, including the legalization of the opium trade, as well as to gain more legal and territorial concessions in China.
How did the Opium War develop the urban economy in China?
The Opium war was somewhat developed the urban economy by destroyed the original financial system and idea of nationalism and liberalism. It indicated how weak the Qing dynasty was and the discredited image in society. Territory sovereignty: