USA HISTORY

Detailed explanation-1: -US Secretary of State John Hay created the Open Door Policy in 1899/1900 in order to allow the US, Japan, and select European countries equal trade access to China, a country that previously had no trade agreements.

Detailed explanation-2: -What was the Open Door policy? 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-3: -The term “open door policy” refers to the proposition to keep trade in China open equally to trade with all countries, preventing any one nation from controlling trade in the region. The policy also called for powers to respect Chinese territorial integrity.

Detailed explanation-4: -In China’s modern economic history, the Open Door Policy refers to the new policy announced by Deng Xiaoping in December 1978 to open the door to foreign businesses that wanted to set up in China.

Detailed explanation-5: -The Open Door Notes (1899-1900) In 1899 U.S. Secretary of State John Hay proposed an “Open Door” policy in China in which all nations would have equal trading and development rights throughout all of China.