True. The Open Door Policy was founded in the 1900's when US was trying to have good trading with China. The Open Door Policy said that it wanted to perserve the integrity of China, and "asked" many other countries to trade equally with one another.
The truth is: it's not 100% true. Even the policy maker want to do so it's a goal not easy to reach. The main reason is China has many national owned business (industry or bank) which still play main role in China economy. For a foreign company what very possibly happens is all of a sudden this company finds out he is competing with a company backed up by Chinese government.
True
The importance of the Open Door Policy was for the Chinese to maintain independence and American trading rights in China.
The USA had equal trading rights in the Orient (China).
They resented the influence of foreigners in China.
The open door policy's purpose was to end monopoly's of China's trade by having all nations share their trading rights with the United States.
With a rise in anti-foreign and anti-colonial sentiment
The "Open Door Policy"
The Open Door Policy was when the US basically protected its trading rights with China during the imperial time period.
John Hay was Secretary of State under Presidents William McKinley and Theodore Roosevelt. Hay's trading rights in China was an open door policy that would allow all nations in the trade agreement access to China's markets.
John Hay was Secretary of State under Presidents William McKinley and Theodore Roosevelt. Hay's trading rights in China was an open door policy that would allow all nations in the trade agreement access to China's markets.
open door
the open door policy
Open Door Policy
The importance of the Open Door Policy was for the Chinese to maintain independence and American trading rights in China.
The USA had equal trading rights in the Orient (China).
They resented the influence of foreigners in China.
the nations should be open for trade and commerce. have equal trading rights in China
All countries should have equal trading rights in China.