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
Aymara people Aymara people The Aymara or Aimara ( ) people are an indigenous nation in the Andes and Altiplano regions of South America; about 1 million live in Bolivia, Peru and Chile. Their ancestors lived in the region for many centuries before becoming a subject people of the Inca in the late 15th or early 16th century, and later of the Spanish in the 16th century. With the Spanish American Wars of Independence (1810–25), the Aymaras became subjects of the new nations of Bolivia and Peru. After the War of the Pacific (1879–83), Chile acquired territory occupied by the Aymaras. Archeologists