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War
War breaks out between China+Japan. Japan wins easily -
Period: to
Exports
American Exports to China Increased By 4 Times. American business leaders were really excited about China’s potential. -
Demands
Russia demands China Allow Them to lease Manchuria, a territory recently returned from Japan to China. Soon, Several Foreign countries were leasing territory in China. These countries established spheres of influence. An area where foreign nation controlled economic development such as a railroad construction and mining -
Power
America was a significant power in Asia.The US had naval bases throughout Asia -
Trade
Us secretary of state John Hay sends notes to countries with leaseholds in China. Asking them to allow the US to trade in the their sphere. The countries agree as long as all other countries agree.