The Opening of Trade and the Debt Crisis
The Opening of Trade and the Debt Crisis
1771–1781
Chapter 2 then covers the period following the disbanding of the Co-hong and the opening of trade from 1771 to 1781. The resulting debt crisis that emerged in the late 1770s had an impact on the owners of the factories as well.
Keywords: Thirteen Factories, Chinese export art, Trading houses, Treaty Ports Era, Co-hong, Foreign Quarter, China, Guangzhou, Canton
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