Although for Britain, the most significant diplomatic move of 1902 in terms of international relations with the Far East was its ground-breaking treaty with Japan, the same year saw a commercial treaty with China. In its terms, China agreed to establish a national currency, which would aid the British in their trading activities, and to establish Kongmun (now Jiangmen, in the southern province of Guangdong) as a trading port. In return, Britain agreed to soften its missionary policy, and to relinquish extra-territorial rights when the Chinese judicial system had been sufficiently reformed.
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Citation: Editors, Litencyc. "Anglo-Chinese commercial treaty". The Literary Encyclopedia. First published 30 August 2013 [https://staging.litencyc.com/php/stopics.php?rec=true&UID=11698, accessed 23 November 2024.]
