In Our Time cover image

The Opium Wars

In Our Time

00:00

The Importance of Opium in China

Opium was one of the most desirable goods apart from silver, because it's a bit like wine. Every silver dollar that is minted would end up in China sooner or later. The British needed something else to trade with China to bring back this massively important tea. Opium can be kept, can be hauled and the price of Opium sort of fluctuates, according to market.

Play episode from 05:33
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app