When the Treaty of Nanking opened up China to British traders, Sassoon developed his textile operations into a profitable triangular trade: Indian yarn and opium were carried to China, where he bought goods which were sold in Britain, from where he obtained Lancashire cotton products.
In the attacks on Canton from 24 May to 1 June, he was in command of his regiment, and was present also at the demonstration before Nanking, and at the signing of the Treaty of Nanking on board HMS Cornwallis.
In 1841, a rough outline for a treaty was sent for the guidance of Plenipotentiary Charles Elliot.
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British troops would remain in Gulangyu and Zhoushan until the Qing government had paid reparations in full (Article XII).
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October 1843 - Treaty of the Bogue supplements Treaty of Nanking by granting extraterritoriality to British subjects in China and most favored nation status to Britain