dec 6, 1759 - Restricting European Presence (1759) The Qianlong emperor restricted the European commercial presence in China to the waterfront at Guangzhou, where European merchants could establish warehouses. There, Chinese authorities controlled not only European merchants but also the terms of trade. Foreign merchants could deal only with specially licensed Chinese firms known as cohongs, which bought and sold goods at set prices and operated under strict regulations established by the government.
Added to timeline:
Date:
dec 6, 1759
Now
~ 265 years ago