What was the effect of Industrial revolution in China? – InterviewSolution

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1.

What was the effect of Industrial revolution in China?

Answer»

i. China used to earn a lot of profit by virtue of selling tea, silk and chinese vessels.

ii. However, after industrial revolution, the western goods started to sell in Chinese markets.

iii. The European traders in China established an organization named “Cohong” for the promotion of trade.

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