What disasters did the East India Company bring to China?

The East India Company was established on 1600. It was established in the17th century by Britain, France, the Netherlands and other emerging colonial countries to deal with some things in colonial areas after the colonial expansion of Portugal and Spain. At first, the British mainly used the East India Company to do business, and later it became a tool for British colonists to invade India.

Smuggle opium into China

The British occupied the colony.

Snatch resources

Indulge pirates

1833, the British government cancelled its trade monopoly on China. The East India Company had to go bankrupt.

The bankruptcy of the East India Company was not accidental for three reasons:

1. Corruption and smuggling among employees of the company have become a common practice, which has drastically reduced the company's total income.

2. Because the company blackmailed the Indian people, the Indian people constantly revolted. And the company needs a lot of money to suppress the uprising. This forms a vicious circle, which keeps the company in crisis.

3. The East India Company is the representative of commercial monopoly capital. Industrial capital has developed rapidly in Britain, and commercial capital has gradually lost its former position. This is also the main reason for the company's bankruptcy.

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