The nation would go on to struggle with their newly adopted capitalist economy however overtime it has proved to be the right choice(1). When China signed the unequal treaties they agreed to open more foreign trade ports this lead to a huge increase of trade. The increase in trade caused shortages of copper which was used as the Chinese currency at the time. The shortage almost caused China's economy to fall but it was saved when paper money was introduced in 1853(1). These examples are just a few of many on how China was forever changed by the opium wars and the unequal treaties.
The nation would go on to struggle with their newly adopted capitalist economy however overtime it has proved to be the right choice(1). When China signed the unequal treaties they agreed to open more foreign trade ports this lead to a huge increase of trade. The increase in trade caused shortages of copper which was used as the Chinese currency at the time. The shortage almost caused China's economy to fall but it was saved when paper money was introduced in 1853(1). These examples are just a few of many on how China was forever changed by the opium wars and the unequal treaties.