A major modernization movement, known as the…
December 1864 CE
A major modernization movement, known as the Self-Strengthening Movement, had began in China in the 1860s and several institutional reforms had been initiated following China's defeat in the Second Opium War in 1858, when China had been forced by Britain and France to legalize the opium trade.
In 1864, Britain’s opium trafficking extracts $20 million from China.