Why did China enjoy a favorable balance of trade with Europe

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02-08-2016
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Why did China enjoy a favorable balance of trade with Europe

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bbaker2141998 bbaker2141998 · Answer 1 · 2016-08-02T16:03:21+02:00

bbaker2141998 bbaker2141998

02-08-2016

1. The Ming dynasty imported numerous manufactured goods from Europe.
2. China exported large quantities of optimum to European traders.
3. Chinese silk continued to be in high demand in Europe.
4. The Ming dynasty paid tribute to European traders.

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