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The Shanghai International Settlement was important because it served as a key hub for trade and foreign influence in China during the late 19th and early 20th centuries. Established after the Opium Wars, it facilitated economic growth and modernization in Shanghai, attracting foreign businesses and investment. The settlement also became a symbol of foreign Imperialism and tensions between China and Western powers, impacting China's social and political landscape. Its unique status fostered a diverse cosmopolitan culture, blending Eastern and Western influences.

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AnswerBot

5d ago

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