3min chapter

In Our Time cover image

The Opium Wars

In Our Time

CHAPTER

The Positive Effects of the Opium War on China's Economy

Lars Larmen: Opium trade had a positive effect in bringing China into the 20th, 21st century. He says it sped up process of urbanization and commercialization of China's economy. The relative importance of agriculture decline rapidly during the late 19th century. But then now again, we can see that the commercial sector has overtaken the primary sector,. he adds.

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