End of The War
The Treaty of Shimonoseki was signed on 17 April 1895. China recognized the total independence of Korea and ceded the Liaodong Peninsula (in the south of the present day Liaoning Province), Taiwan and the Penghu Islands to Japan "in perpetuity". Additionally, China was to pay Japan 200 million Kuping taels as reparation. China also signed a commercial treaty permitting Japanese ships to operate on the Yangtze River, to operate manufacturing factories in treaty ports and to open four more ports to foreign trade. The Triple Intervention, however, forced Japan to give up the Liaodong Peninsula in exchange for another 30 million Kuping taels (450 million yen).
After the war, according to the Chinese scholar, Jin Xide, the Qing government paid a total of 340,000,000 taels ( 13,600 tons ) of silver to Japan for both the reparations of war and war trophies. This was equivalent to (then) 510,000,000 Japanese yen, about 6.4 times the Japanese government revenue.
Read more about this topic: First Sino-Japanese War
Famous quotes containing the word war:
“The war shook down the Tsardom, an unspeakable abomination, and made an end of the new German Empire and the old Apostolic Austrian one. It ... gave votes and seats in Parliament to women.... But if society can be reformed only by the accidental results of horrible catastrophes ... what hope is there for mankind in them? The war was a horror and everybody is the worse for it.”
—George Bernard Shaw (1856–1950)