Opium trade

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A lucrative opium trade existed between China and Britain in the 19th century. Two 'Opium Wars' punctuated the period, their outcomes redefining the trade.

Wars

The Opium Wars:

Opium addiction in China had become such a problem that the Qing Dynasty tried to prevent imports. They closed the waterway up to Canton and seized over 1 million kilograms of opium, requiring merchants to enter into a bond not to deal in the drug. The Chief Superintendent of British Trade in China tried to negotiate with the Chinese but was continually rebuffed. Naval confrontations took place and Britain sent an expeditionary force from Singapore, capturing Canton and Shanghai. The war ended in August 1842 with the Treaty of Nanking which opened five treaty ports to trade, ceded Hong Kong and granted an indemnity to Britain.

The Western Powers sought to renegotiate their commercial treaties with China. The British wanted all of China open to merchants, legalization of the opium trade and exemption of import tariffs. The Qing Government refused and relations deteriorated. The French, Russians and Americans also became involved. In the First Campaign British and French forces captured Canton and took the Taku Forts outside Tianjin. There was a temporary end to hostilities with the Treaty of Tianjin (giving extensive rights to the Western Powers) but the Qing Government rejected the treaty and this led to a Second Campaign. In June 1859 Anglo-French forces failed to take the Taku Forts but later captured Tianjin. In September the Chinese were defeated and the Summer Palace in Peking destroyed. The Convention of Peking ratified the Treaty of Tianjin, the opium trade was legalized, China was opened to western merchants and Britain and France were paid a huge indemnity.

Trade