Chinese libs often cite as act of US generosity toward China by funding Tsinghua University. I will set the record straight.
It’s Chinese money. A thread 🧵
It’s Chinese money. A thread 🧵
https://twitter.com/yashenghuang/status/1495909099237777411
8 foreign powers invaded China during Boxers Rebellion and sacked Beijing in 1900.
China was required to pay invaders for the privilege of being invade: 450,000,000 tael of silver, 1 tael of silver for every Chinese person alive
China was required to pay invaders for the privilege of being invade: 450,000,000 tael of silver, 1 tael of silver for every Chinese person alive
Spoils of war was divided among 8 foreign powers, with US getting 7.32% of the pie
Chinese payment for Boxer Indemnity lasted from 1900 to 1938 Japanese invasion of China. including interests, China paid total 652,370,000 tael of silver to 8 foreign powers at the time China stopped payment.
Per Boxer Protocol, China was to pay US 34,000,000 tael of silver. Payment came out of Chinese Custom which was managed by British. Then in 1904, US discovered China overpaid by 17 million dollars!
Chinese ambassador to US Liang Cheng 梁诚 demanded US gov return the excessive payment in 1905.
Chinese people launched national boycott of US goods.
US Congress finally authorized President Theodore Roosevelt to return excess payment in 1908.
Chinese people launched national boycott of US goods.
US Congress finally authorized President Theodore Roosevelt to return excess payment in 1908.
US didn't "return" any money to China. Instead, money came from Chinese Custom tariffs that's still send to Citibank yearly. US gov then use the fund to fund Tsinghua University and Chinese exchange student program trying to cultivate pro-US elite in China.
Of course, US still does this today
https://twitter.com/AJTheTake/status/1495747633943515136?s=20&t=-DHoTZqMxr8ZwHOIDxPlSQ
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