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Railway Protection Movement
The Railway Protection Movement (), also known as the "Railway Rights Protection Movement", was a political protest movement that erupted in 1911 in late Qing China against the Qing government's plan to nationalize local railway development projects and transfer control to foreign banks. The movement, centered in Sichuan province, expressed mass discontent with Qing rule, galvanized anti-Qing groups and contributed to the outbreak of the Xinhai Revolution. The mobilization of imperial troops from neighboring Hubei Province to suppress the Railway Protection Movement created the opportunity for revolutionaries in Wuhan to launch the Wuchang Uprising, which triggered the revolution that overthrew the Qing dynasty and established the Republic of China. Background From the 1890s to 1905, nearly all railways in China were planned, financed, built and operated by foreign powers pursuant to concessions from the Qing government. To help local economies develop and retain earnings fr ...
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Xinhai Qiu Baolu Sishi Jinianbei, Chengdu
The 1911 Revolution, also known as the Xinhai Revolution or Hsinhai Revolution, ended China's last imperial dynasty, the Manchu-led Qing dynasty, and led to the establishment of the Republic of China. The revolution was the culmination of a decade of agitation, revolts, and uprisings. Its success marked the collapse of the Chinese monarchy, the end of 2,132 years of imperial rule in China and 276 years of the Qing dynasty, and the beginning of China's early republican era.Li, Xiaobing. 007(2007). ''A History of the Modern Chinese Army''. University Press of Kentucky. , . pp. 13, 26–27. The Qing dynasty had struggled for a long time to reform the government and resist foreign aggression, but the program of reforms after 1900 was opposed by conservatives in the Qing court as too radical and by reformers as too slow. Several factions, including underground anti-Qing groups, revolutionaries in exile, reformers who wanted to save the monarchy by modernizing it, and activists ...
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Boxer Protocol
The Boxer Protocol was signed on September 7, 1901, between the Qing Empire of China and the Eight-Nation Alliance that had provided military forces (including Austria-Hungary, France, Germany, United Kingdom, Italy, Japan, Russia, and the United States as well as Belgium, Spain, and the Netherlands), after China's defeat in the intervention to put down the Boxer Rebellion. It is regarded as one of the unequal treaties. Negotiations during the Boxer Rebellion The Qing dynasty was by no means defeated when the Allies took control of Beijing. The Allies had to temper the demands they sent in a message to Xi'an to get the Empress Dowager Cixi to agree with them; for instance, China did not have to give up any land. Many of the Dowager Empress' advisers in the Imperial Court insisted that the war continue against the foreigners, arguing that China could defeat them since it was the disloyal and traitorous people within China who allowed Beijing and Tianjin to be captured by the A ...
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First National City Bank Of New York
Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. The bank has 2,649 branches in 19 countries, including 723 branches in the United States and 1,494 branches in Mexico operated by its subsidiary Banamex. The U.S. branches are concentrated in six metropolitan areas: New York, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. It was founded as City Bank of New York and became National City Bank of New York. It has had an important role in war bonds. It has had a role in international events including the U.S. invasion of Haiti. History Early history The City Bank of New York was founded on June 16, 1812. The first president of the City Bank was the statesman and retired Colonel, Samuel Osgood. After Osgood's death in August 1813, William Few became ...
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France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ...
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Banque De L'Indochine
The Banque de l'Indochine (), originally Banque de l'Indo-Chine ("Bank of Indochina"), was a bank created in 1875 in Paris to finance French colonial development in Asia. As a bank of issue in Indochina until 1952 (and in French Pacific territories until 1967), with many features of a central bank, it played a major role in the financial history of French Indochina, French India, New Caledonia, French Polynesia, and Djibouti, as well as French-backed ventures in Siam and China. After World War II, it lost its issuance privilege but reinvented itself as an investment bank in France, and developed new ventures in other countries such as Saudi Arabia and South Africa. The Compagnie Financière de Suez acquired a controlling interest in the Banque de l'Indochine in 1972, then merged it in 1975 with its own banking subsidiary to form Banque Indosuez, since 1996 itself part of the Crédit Agricole universal banking group. History Background and creation Following t ...
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Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between the Baltic and North seas to the north, and the Alps to the south; it covers an area of , with a population of almost 84 million within its 16 constituent states. Germany borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its financial centre is Frankfurt; the largest urban area is the Ruhr. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the bulk of the Holy Roman Empire. During the 16th ce ...
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Deutsch-Asiatische Bank
Deutsch-Asiatische Bank (DAB) () was a foreign bank in China. Its principal activity was trade financing, but together with English and French banks, it also played a role in the underwriting of bonds for the Chinese government and in the financing of railway construction in China. History Deutsche-Asiatische Bank was founded in Shanghai on 12 February 1889 with the participation of Deutsche Bank, one of the largest banks in Germany. At the time, it was the first large non-British bank to enter the Chinese market. It set up branches in Calcutta (1895), Tianjin (1890), Hankou (1897), Qingdao (1897), Hong Kong (1900), Yokohama (1905), Kobe (1906), Singapore (1906), Beijing (1910), Guangzhou (1910) and Jinan (1914). Until World War I, it developed a cooperative relationship with the Hong Kong and Shanghai Banking Corporation against encroachments by competing foreign banks from France, Japan and Russia. In 1906, the bank received the concession to issue its own banknotes in China ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Hongkong Shanghai Banking Corporation
The Hongkong and Shanghai Banking Corporation Limited (), commonly known as HSBC (), was the parent entity of the multinational HSBC banking group until 1991, and is now its Hong Kong-based Asia-Pacific subsidiary. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. The Hongkong and Shanghai Bank was established in British Hong Kong in 1865 and was incorporated as The Hongkong and Shanghai Banking Corporation in 1866, and has been based in Hong Kong (although now as a subsidiary) ever since. It was "The Hongkong and Shanghai Banking Corporation Limited" in 1989. It is the founding member of the HSBC group of banks and companies, and, since 1990, is the namesake and one of the leading subsidiaries of the London-based HSBC Holdings PLC. The company's busin ...
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China Consortium
The China Consortium, also referred to as banking consortium or financial consortium or four-, five-, or six-power consortium depending on context, refers to two successive cooperative arrangements formed by foreign banks under their respective governments' directions in the early 20th century, to coordinate lending to the Chinese government. These initiatives were resented by Chinese nationalists and later similarly criticized by Chinese Communists, as instruments of colonialism wielded by Western nations and Japan. First China Consortium Background The emergence of the "old" China Consortium in 1909–1910 happened in the context of Qing dynasty China's need for external financing, because of its need to pay war damages under the Treaty of Shimonoseki of 1895 (200 million taels) and Boxer Protocol of 1901 (450 million taels), and with the scramble for railway concessions in the late 19th and early 20th centuries. The context was further framed by the British-French Entente Cord ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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