The Open Door Policy proposed in 1898 by President McKinley was meant to open up access to the Chinese markets to all trading powers. It meant that China would not be carved up into spheres of influence and the imperial nations could trade anywhere in China. It also meant that nations who already had a footing in China with the intent of controlling exclusive markets would have competition. It was a move on the part of Secretary of State John Hay to protect American investments in China, so that they could still compete and do business in all of China, having no sphere of influence of its own.
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what was the purpose, importance and effects on the open door policy?
The open door policy is when a certain country (like China) allow foreigners in their country. Now a closed door policy is when a coutry doesn't allow foreigners in their country.
The Open Door Policy
China
Revolving