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opiumwars
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| Opiumwars might refer to |
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The Opium Wars were two wars in the mid-19th century involving China and the British Empire over the British trade of opium and China's sovereignty. The clashes included the First Opium War (1839–1842) and the Second Opium War (1856–1860). The wars and events between them weakened the Qing dynasty and forced China to trade with the other parts of the world. The victorious British were successful in inducing an opioid crisis in China, which seriously undermined Chinese society. * In 1820, China's economy was the largest in the world, according to British economist Angus Maddison.[3] Within a decade after the end of the Second Opium War, China's share of global GDP had fallen by half.[4] In another research paper published by Michael Cemblast of JP Morgan and updated by the World Economic Forum, similar conclusions were reached—i.e. China was the largest economy in the world for many centuries until the Opium Wars. In China, the period between 1839 and 1949 is referred to as the Century of Humiliation. |