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After various status changes in China history, silver played a more important role in the market and became a dominant currency in China in the 1540s. [10] The silver flow into China passed through two cycles: the Potosí /Japan Cycle, which lasted from the 1540s to the 1640s, and the Mexican Cycle, which began in the first half of the 1700s. [11]
1.2 1606. 1.3 1607. ... This was the smaller of two Portuguese ships called Nossa ... The galliot sank off the Salt River, Table Bay, while carrying china, silver ...
The Battle of Macau in 1622 was a conflict of the Dutch–Portuguese War fought in the Portuguese settlement of Macau, in southeastern China.The Portuguese, outnumbered and without adequate fortification, managed to repel the Dutch in a much-celebrated victory on 24 June after a three-day battle.
This lucrative trade, based on the exchange of silk and gold from China for silver from Japan, began when, in the 1540s, Portuguese merchants began selling Chinese products in Japan. Within a decade, Macau became a key entrepot and intermediary in trade between China and Japan, especially after Chinese authorities banned direct trade with Japan ...
Shuangyu (Chinese: 雙嶼; pinyin: Shuāngyǔ; lit. 'Double Island') was a port on Liuheng Island [] (六橫島) off the coast of Zhejiang, China.During the 16th century, the port served as an illegal entrepôt of international trade, attracting traders from Japan, Southeast Asia, and Portugal in a time when private overseas trade was banned by China's ruling Ming dynasty.
In 1606, the Portuguese, under the command of Dom Álvaro de Menezes, had been struggling to defend their holdings in the East from Dutch attacks. In an attempt to weaken the Portuguese position, the Dutch fleet, commanded by Matelief , had split their forces, concentrating on eliminating the remaining Portuguese vessels.
Thereafter, trade began between Portuguese Malacca, China and Japan, as the Portuguese took advantage of the Chinese trade embargo on Japan to act as middlemen between the two nations. In 1550, King John III of Portugal declared the Japanese trade a "crown monopoly", and henceforth, only ships authorized by Goa were allowed to make the journey.
From there, he visited China and Japan aboard Portuguese trading ships. Although the date of his first visit is not known, he sailed to Japan twice before 1600. It is recorded that he arrived in Japan on July 31, 1585, for his second visit there, on the Portuguese ship Santa Cruz. He described Japan as the "isle where there is a lot of silver ...