Global silver trade from the 16th to 18th centuries 1500 to 1800, Mexico and Peru produced about 80% of the world's silver with 30% of it eventually ending up in China (largely because of British merchants who used it to purchase exotic Chinese commodities). In the late 16th and early 17th century, Japan was also exporting heavily into China and the foreign trade at large. As has been demonstrated, China dominated silver imports. The market value of silver in the Ming territory was double its value elsewhere, which provided great arbitrage profit for the Europeans and Japanese. The abundance of silver in China made it easy for the country
Basic Law: Israel as the Nation-State of the Jewish People Basic Law: Israel as the Nation-State of the Jewish People Basic Law: Israel as the Nation-State of the Jewish People (), informally known as the Nation-State Bill or the Nationality Bill, is an Israeli Basic Law which specifies the nature of the State of Israel as the nation-state of the Jewish people. The Law was adopted by Knesset 62 in favor, 55 against and two abstentions on 19 July 2018 (7th Av, 5778). The law is largely symbolic and declarative. It has been met with worldwide criticism, including from within the Jewish diaspora. On 3 August 2011, the Chairman of