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... from America to East Asia.

  Silk and porcelain from China, cotton cloth and precious stones from India were transported to Manila by merchants from various countries, and sold directly to the Americas by galleons. Silver, cocoa, and wool from the Americas were transported to Manila by galleons and exchanged for various Asian goods.

  Zhang Juzheng's Ming tax reform would have been absolutely impossible to succeed without the American silver brought in by galleons. In other words, ...

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