Question

What was the purpose of the Open Door Policy?

Answer 1

The Open Door policy is a statement of principles initiated by the United States (1899, 1900) for the protection of equal privileges among countries trading with China and in support of Chinese territorial and administrative integrity. The statement was issued in the form of circular notes dispatched by U.S. Secretary of State John Hay to Great Britain, Germany, France, Italy, Japan, and Russia. The Open Door policy was received with almost universal approval in the United States, and for more than 40 years it was a cornerstone of American foreign policy.
THE PURPOSE of the open door policy was to protect equality in trading privileges among countries engaged in trade with China. It's initiation by the United States also aimed at supporting China's sovereignty and administrative integrity. The policy was drafted in the form of a statement of principles in 1899 and a modified form of it is used by various organizations worldwide.