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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. [ 2 ] [ 15 ] Special Economic Zones (SEZ) were set up in 1980 in his belief that to modernize China's industry and boost its economy, he needed to ...
To prevent the "carving of China like a melon", as the European powers were doing in Africa at the time, the U.S. Secretary of State John Hay created the Open Door Policy that called for a system of equal trade and investment and to guarantee the territorial integrity of Qing China, and circulated a note known as the "Open Door Note" (dated ...
Open Doors is a non-denominational mission supporting persecuted Christians around the world. They work with local partners to distribute Bibles and Christian literature, give discipleship training [ 1 ] and provide practical support, such as emergency relief aid.
China is considered the most open large country; by 2005, China's average statutory tariff on industrial products was 8.9%. The average was 30.9% for Argentina, 27.0% for Brazil, 32.4% for India, and 36.9% for Indonesia. [148] China's trade surplus is considered by some in the United States as threatening American jobs.
United States Secretary of State John Hay, the driving force behind the Open Door policy.. The Nine-Power Treaty (Kyūkakoku Jōyaku (Japanese: 九カ国条約)) or Nine-Power Agreement (Chinese: 九國公約; pinyin: jiǔ guó gōngyuē) was a 1922 treaty affirming the sovereignty and territorial integrity of the Republic of China as per the Open Door Policy.
(The) Open Door(s) Most often refers to the Open Door Policy, an international policy around 1900 regarding keeping China open to trade to all nations; The term is often applied in international trade policy. There are numerous other uses:
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China joined a number of international economic organizations, becoming a member of the World Bank, the International Monetary Fund, the Asian Development Bank, the General Agreement on Tariffs and Trade (GATT), and the Multi-Fiber Agreement. China became an observer of GATT in 1982 and formally applied to participate as a full member in July 1986.