The Qing Empire was facing immense challenges, as it was about to confront the powerful impact of the British Empire, known for its successful control over narcotics trade, specifically opium. This situation highlighted the stark dynamics of colonial power and economic exploitation during that era. The drug trade was not just a commercial venture; it also significantly influenced political relations and societal structures within the Qing Dynasty.

Niall Ferguson, in his book "The Ascent of Money: A Financial History of the World," emphasizes how the British used their dominance in the opium trade to manipulate and undermine the Qing Empire. This created a significant historical turning point that would shape not only China's fate but also the global financial landscape. Such interactions between empires and nations showcased the complexities of wealth, power, and the darker aspects of economic history.