The Portuguese say that they do not care to make their principal good in China, but to invest in China, as their interest lies in the investment.
Ivory is sold to the Chinese at fifty taes per pico for the white and even ivory.

It is understood that this must be in exchange for other merchandise, and not for money or silver; for silver that enters China does not go out again except in merchandise.
Velvet costs six or seven cruzados per codo in Goa.

The codo is a palmo less than our vara.

It is sold among the Portuguese at Machan for seven or eight taes, according to its quality.
Grana costs five or six cruzados per codo at Goa, and even seven and eight.
A pipe of wine is generally worth forty or fifty cruzados at Goa, and the fine and good wines ninety-five.

However, the latter is not taken to China; and that of the first-named price is sold in Machan, where it is worth eighty or ninety cruzados per pipe.
One million of gold and upward enters China yearly through the Portuguese alone.
The Portuguese pay anchorage at Machan according to the beam and length of their ships, and whether they enter light or laden.