During the Ming Dynasty, European demand for silk and porcelain significantly impacted global trade by leading to economic exchanges primarily involving silver. The correct statement in this context is:
China grew rich exchanging its goods for silver.
European countries, particularly Spain and Portugal, sought Chinese silk and porcelain, which were highly valued in Europe. They facilitated trade primarily by sending silver to China, particularly from their colonies in the Americas. This demand for Chinese goods helped establish a global trade network and increased the flow of silver into China, making the Chinese economy very prosperous during this period.
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