Colonial Mexico's silver poured into China because the Spanish could not sell anything else there. For 300 years, the British tried to trade with China, but they too had to pay with silver, which caused a recession in all of Europe. Only by selling opium (an illegal drug) was the balance of trade established around 1800. When the Chinese government tried to stop the contraband, the British Navy attacked and conquered China. Today, China is more advanced in every industry, beating the world even in AI and quantum computers. We are, once again, the Western Barbarians. We have nothing to offer them.
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