Giving out points for the best answers and

China exported spices and tea, they included silks, cottons, porcelains and other luxury goods.

They imported goods like cotton, ivory, wool, gold, and silver.

as for the threefold profit thing. I would say that Britain is making triple the amount of money they would normally make due to trading with china. Or it has something to do with the goods Britain trades with china, china could trade with other countries.

Explanation:

brainliest is someone you pick by simply clicking a button. it only shows up if there are two people that answered your question, then you decide who answer more accurately with detail and explanation and you give that person the title "brainliest".

i hope this your understandings.

answer placeholder because the system is messed up