USA HISTORY

Detailed explanation-1: -The Open Door policy was a statement of principles initiated by the United States in 1899 and 1900. It called for protection of equal privileges for all countries trading with China and for the support of Chinese territorial and administrative integrity.

Detailed explanation-2: -Why Was the Open Door Policy Created? Simply put, the United States was worried it was going to lose trading access with China, and it wanted a policy in place to protect its ability to continue trading with the Chinese.

Detailed explanation-3: -This statement came to be known as the Open Door Policy of 1899. The policy also assured territorial integrity and administrative sovereignty of China. It was circulated among Great Britain, Germany, France, Italy, Japan, and Russia by the U.S. Secretary of State John Hay.

Detailed explanation-4: -The Open Door Policy was a clever move on the part of the United States to create trade opportunities between the U.S. and China while additionally asserting American interests in the Far East. In the short term, the Open Door Policy allowed the United States to expand its markets for industrialized goods.

Detailed explanation-5: -China, in a bid to end its political and economic isolation and to keep pace with development, brought about a series of reforms and followed an ‘open door’ policy, encouraging private investment and inflow of foreign capital.