Lahore Map on Attempts to control the trade below demand led to widespread smuggling, another leak in the system. Spanish Asia also employed the encomienda system, but the indigenous peoples provided enough labor that slavery was not required. Manila, the Philippines, was the entrepot for trade between Mexico and China that lasted from the 16th through the 19th centuriessilver for silk and porcelain. Spanish mercantilism was hardly beneficent. It entailed exploitation of colonists and indigenous populations, brought inflation to Spain and much of Europe, and added little economic benefit to the masses of Spaniards. Still, it worked through the 19th century. When the easy money disappeared and the mercantilist nations began debasing their coin and the easy expansion to Asia ended, the result was an economic crisis. Lahore Map 2016.
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