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Tagged: Smuggling

Bayard & Holmes ~ Jay Holmes Last week, we began the sordid tale of the First Opium War, in which England pushed opium produced in India onto China to balance its trade deficit with that country. Today, we continue with the … Read the rest

Bayard & Holmes ~ Jay Holmes China became involved in direct trade with Europe when the Portuguese established a trade center in Macau, China in 1557. Then, in 1565, Spain established a permanent colonial presence in the Philippine Islands and used it … Read the rest


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