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Foreign Trade

In: China and the Global Economy Since 1840

Author

Listed:
  • Lu Aiguo

    (Chinese Academy of Social Sciences)

Abstract

The Opium War initiated a period during which, under the pressure of armed conflict, diplomatic manoeuvring and political and military blackmail, China was locked into an iron-clad treaty system, from which it was not freed until 1943, a little more than 100 years later. The treaties were signed by the Chinese government and individual countries, but the privileges acquired by any Western country through a single treaty were automatically conferred on other Western countries because of the most-favoured-nation clause.

Suggested Citation

  • Lu Aiguo, 2000. "Foreign Trade," Palgrave Macmillan Books, in: China and the Global Economy Since 1840, chapter 2, pages 28-41, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-62440-9_3
    DOI: 10.1007/978-1-349-62440-9_3
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