The evolution of Britain's network of ports, entrepôts and trade routes in the years 1763-1914 Flashcards
When was Singapore acquired?
1819
The secret to Singapore’s explosive growth was…
its status as an entrepôt, where ships of all nationalities could dock without incurring taxes or tariffs
The significance of the tax-free status of Singapore
The tax-free status of Singapore quickly drew merchangs from the Malay Archipelago and further afield, and goods from all over South-East Asia flooded flooded into the city
The explosive growth of Singapore signalled…
a new era in imperial trade
What did Singapore demonstrate?
The success of the city demonstrated to young, ambitious and thoughtful British politicians like Robert Peel the possibilities of an empire run on free trade
When was the acquisition of Hong Kong?
1842
What was the Chinese blockade of 1839?
The naval blockade imposed by the Qing Dynasty in an attempt to prevent foreign trade - particularly the illegal opium trade - leading leading the outbreak of the First Opium War
Why did the East India Company begin to trade Opium? (a drug that had been made illegal in China by imperial edict)
The East India Company found itself with a negative balance of trade and Opium could be grown cheaply in India
Gunboat diplomacy
A means of conducting foreign policy by deliberately displaying naval power as a means of intimidation
When was the Treaty of Nanking signed?
1842
What was the Treaty of Nanking?
It marked the end of the First Opium War between China and Britain
- resulted in China ceding Hong Kong to Britain
- allowed for free British trade with any merchants in China
- forced China to pay damages for the destroyed opium
When was Shanghai opened up to trade?
1842
Where is Shanghai situated?
The city is situated at the mouth of China’s largest river, the Yangtze
The Yangtze river
A navigable waterway of over 1,000 miles for ocean-going ships and further for river craft
Under the terms of the Treaty of Nanking, British merchants were not only allowed to trade at Shanghai, but could now…
trade with anyone rather than a Hong monopoly, and could access the length of the Yangtze