Question: What business development did the British use to establish a hold on the global cotton market?
Sentence: Improving technology and increasing control of world markets allowed British traders to develop a commercial chain in which raw cotton fibers were (at first) purchased from colonial plantations, processed into cotton cloth in the mills of Lancashire, and then exported on British ships to captive colonial markets in West Africa, India, and China (via Shanghai and Hong Kong).
Answer in sentence: yes