European traders were amazed by Asian wealth and power, paying in silver from Bolivia to boost trade with East Asia.
European traders who returned from East Asia were impressed by the wealth and power of Asian kings. Trade with East Asia was crucial, with Europeans paying in silver, mined from places like Potosí in Bolivia, which boosted inter-Asian trade. European trading companies established posts to facilitate commerce, such as the Portuguese in Goa and Macau, and the Dutch in Batavia.
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