Indemnity - Costs of War

Costs of War

The nation that wins a war may insist on being paid compensations for the costs of the war, even after having been the instigator of the war.

  • Following the Sino-Japanese War of 1894-95, the Treaty of Shimonoseki required that China pay Japan the sum of 200,000,000 taels (or liangs).
  • China incurred an indemnity which resulted from massacres of foreigners during the Boxer Rebellion. The payment of 450,000,000 Haikwan taels, or $330,000,000 became necessary.

Read more about this topic:  Indemnity

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