Page 27 - China
P. 27

But, there was only one port open for                            Trade:
                                                                        Good or Bad?
            trading.  And, China did not import

            many goods.                                             Foreign trade weakened
                                                                    China, but it was very
                 Europeans did not like being                       important, too.  Trade is

            limited in how much they could trade                    now the backbone of

            with China.  The Treaty of Nanking                      China’s economy.
                                                                    Without it, China’s
            forced China to open more ports.
                                                                    manufacturing industries
                 The forced trading weakened the                    would be smaller.  In fact,

            Chinese economy.  Soon, the Taiping                     the global economy
                                                                    would be impacted.  The
            Rebellion (TIE-ping rih-BEL-yuhn)
                                                                    people of China are large
            took place.  This would begin a series of               consumers and producers

            rebellions.  The rebellions led to the end              of goods.
            of the dynasties in China.
                                                                          Hong Kong

                                                                    The Treaty of Nanking was
                                                                    not fair to the Chinese.
                                                                    Foreign trade was forced
                                                                    on them.  And, Hong Kong
                                                                    became a British colony.
                                                                    That means Great Britain
                                                                    controlled the city.  Hong
                                                                    Kong stayed a colony until
                                                                    the end of the twentieth
                                                                    century.




                                                                           Hong Kong
                                                                           Harbor
                                                                           today               25
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