Blog #4

Spain was the first to challenge the portuguese who were making a name for themselves around this time. Spain formed a colony around the pacific islands around 1565, the Spanish named them the Philippine Islands in honor of King Philip II of Spain. The Dutch founded a company in the early 17th century so that they could trade with Asia. Who were more richer and more powerful than England's company, they drove out the English and established dominance over Asia. It ended up going bankrupt and being bought out by the British which they had no idea was going to happen.