The Europeans paid the Chinese in gold or silver because the Europeans had nothing else that attracted the Chinese. The Europeans had wool and silk, although they could not give the Chinese because they had silk. The Chinese saw the European trade goods as inferior hence the reason why they did want them.
In Ming China, why did European traders pay for Chinese silks and porcelains in gold or silver instead of exchanging trade goods?
Cite this page
References
Academic.Tips. (2022) 'In Ming China, why did European traders pay for Chinese silks and porcelains in gold or silver instead of exchanging trade goods'. 7 October.
Reference
Academic.Tips. (2022, October 7). In Ming China, why did European traders pay for Chinese silks and porcelains in gold or silver instead of exchanging trade goods? https://academic.tips/question/in-ming-china-why-did-european-traders-pay-for-chinese-silks-and-porcelains-in-gold-or-silver-instead-of-exchanging-trade-goods/
References
Academic.Tips. 2022. "In Ming China, why did European traders pay for Chinese silks and porcelains in gold or silver instead of exchanging trade goods?" October 7, 2022. https://academic.tips/question/in-ming-china-why-did-european-traders-pay-for-chinese-silks-and-porcelains-in-gold-or-silver-instead-of-exchanging-trade-goods/.
1. Academic.Tips. "In Ming China, why did European traders pay for Chinese silks and porcelains in gold or silver instead of exchanging trade goods?" October 7, 2022. https://academic.tips/question/in-ming-china-why-did-european-traders-pay-for-chinese-silks-and-porcelains-in-gold-or-silver-instead-of-exchanging-trade-goods/.
Bibliography
Academic.Tips. "In Ming China, why did European traders pay for Chinese silks and porcelains in gold or silver instead of exchanging trade goods?" October 7, 2022. https://academic.tips/question/in-ming-china-why-did-european-traders-pay-for-chinese-silks-and-porcelains-in-gold-or-silver-instead-of-exchanging-trade-goods/.
Work Cited
"In Ming China, why did European traders pay for Chinese silks and porcelains in gold or silver instead of exchanging trade goods?" Academic.Tips, 7 Oct. 2022, academic.tips/question/in-ming-china-why-did-european-traders-pay-for-chinese-silks-and-porcelains-in-gold-or-silver-instead-of-exchanging-trade-goods/.