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
Spanish conquest of the Aztec Empire Spanish conquest of the Aztec Empire The Spanish conquest of the Aztec Empire, or the Spanish–Aztec War (1519–21), was the conquest of the Aztec Empire by the Spanish Empire within the context of the Spanish colonization of the Americas. It was one of the most significant and complex events in world history. There are multiple 16th-century narratives of the events by Spanish conquerors, their indigenous allies and the defeated Aztecs. It was not solely a contest between a small contingent of Spaniards defeating the Aztec Empire but rather the creation of a coalition of Spanish invaders with tributaries to the