Handout

University of Illinois: Early American Trade With China: Getting Rich in the China Trade [Pdf]

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The early China trade was a small but important part of the developing economy of the United States. Trade with China provided opportunities for great profits although it also carried great risk.Merchants who engaged in trade with China invested significant amounts of their profits into less risky private investments at home such as real estate, manufacturing, and railroad building, and into charitable works like libraries, museums, and colleges. The money pumped into the United States economy through these investments helped the young nation grow.

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