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1864 - 1899
China continued to be a rich destination and source of goods.
European interest grew further
- Joined by US from new colony in Phillipines
- Japan - undergoing a modernisation process of its own
‘Open Door’ Policy suggested by US
- Each power was worried that another power might take the whole cake and devour it alone!
- Each power wanted the same rights and access to markets as the other powers.