The Taiping Rebellion, 1851-1964.docx

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27 Mar 2012
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Background to the taiping rebellion: the opium trade and its consequences, the opium war, 1839-1842, and the treaty of nanjing. The loyalist response and the decline of the rebellion: divisions within the taiping heavenly kingdom, military and fiscal decentralization, the devastation of the countryside. The post-taiping situation and the pre-death of the qing dynasty. The qing empire goes into decline exactly at the same moment that europe goes into ascendance. In 1773, the eic decides to create an opium monopoly around calcutta. This means that opium replaces manufactured cloth as bengal"s major export. In the mid-18th century in europe, according to political economic theory, the export of silver was considered a bad thing because it would lead to dependency. A country had to have ready stocks of silver. But, britain was exporting lots of silver to china for tea, creating a trade deficit. Because opium was illegal in china and because the eic didn"t want to lose trading rights in.

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