The Great Tea Trade – China to England in the 1800s
For a brief period of time, the fastest sailing ships in the world sailed from the coast of China to London - racing to arrive with the fresh crop of tea for British tea drinkers. The British East India Company held a near monopoly on trade with India and China for more than 100 years. But in 1834, the East India company surrendered its monopoly on Asian trade, and so, a competition developed as a number of merchant companies decided they could make money by shipping goods from China to Europe. After the first Anglo-Qing war (somewhat misleadingly called the 1st Opium War), five Treaty Ports were opened to British trade. The most important ports were Canton, and Shanghai. After 1840, the British also took possession of Hong Kong which…