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Canton system
(redirected from Canton Trade)

    Also found in: Wikipedia 0.01 sec.

Canton system

System of trade that developed between Chinese and foreign merchants in the southern China city of Guangzhou (Canton). From 1759 to 1842, all foreign trade coming into China was confined to Guangzhou and had to be conducted with authorized Chinese merchants. Foreign merchants were confined to a small area outside the city wall and were subject to Chinese law and other restrictions. British merchants' complaints grew during the early 19th century, and, with Britain's victory in the first Opium War (1839–42), China was forced to abolish the system. See also British East India Co.; Treaty of Nanjing.
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Marie Economic Development Corporation have set it's sights on the Canton Trade Fair as part of a two-week trade mission in April 2007.
Trade mission to China by Ross, Ian / Northern Ontario Business
In 1978, shortly after President Carter formally "recognized" China (China has existed since at least the Shang Dynasty in 1766 BCE), I took my first trip into China to the Canton Trade Fair from Hong Kong where I was working as Asian counsel for a large multinational company.
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