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: -Fearful that the Europeans and Japanese might close Chinese ports to U.S. commerce, McKinley authorized Secretary of State John Hay to issue an “Open Door” note on China.

Detailed explanation-3: -The Open Door Policy was a policy between China, the US, Japan, and several European powers that stated each of those countries should have equal access to Chinese trade. It was created in 1899 by US Secretary of State John Hay and lasted until 1949, when the Chinese civil war ended.

Detailed explanation-4: -Note: It is important to note that Deng Xiaoping announced the Open Door Policy in 1978 for foreign companies to invest and establish in China. This policy led to the major economic transformation of modern-day China.

Detailed explanation-5: -The Open Door Policy stated that all nations, including the United States, could enjoy equal access to the Chinese market. Hay’s logic was that American economic power would then be able to dominate the Chinese market and fend off other foreign competitors.