jan 14, 1899 - Open Door policy

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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.

It was used mainly to mediate the competing interests of different colonial powers in China. Under the policy, none of them would have exclusive trading rights in a specific area. In the late 20th century, the term also describes the economic policy initiated by Deng Xiaoping in 1978 to open up China to foreign businesses that wanted to invest in the country. The latter policy set into motion the economic transformation of modern China.

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