Describe How A Republic Replaced The Qing Dynasty

Question: balance of trade

Answer: difference between how much a country imports vs. exports. china’s regulations gave china a favorable balance of trade w/ other nations.

Question: trade surplus

Answer: export more than import. less imprts than exports. china had this.

Question: trade deficit

Answer: Less exports than imports. more imports than exports. westerns had with China, they bought more from Chinese than they sold

Question: indemnity

Answer: payment for losses in war. british got this and Hong Kong.

Question: extraterritoriality

Answer: right to live under their own laws and be tried in their own courts. british citizens in china got extraterritoriality

Question: opium war

Answer: war; China outlawed opium and clashed with British merchants selling it in China. british gunboats attacked Chinese coastal and river ports. chinese lost because they had old equipment.

Question: taiping rebellion

Answer:

Question: sino-japanese war

Answer: japan gained control of taiwan

Question: open door policy

Answer: A policy proposed by the US, under which ALL nations would have equal opportunities to trade in China.

Question: Guang Xu

Answer: A young emperor who launched the hundred days of reform; modernized industries, schools, military; imprisoned by conservatives who opposed reforms

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