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The Treaty of Shimonoseki, signed April 17, [[1895]], marked the end of the [[Sino-Japanese War]].
The Treaty of Shimonoseki, signed April 17, [[1895]], marked the end of the [[Sino-Japanese War]].
The officials who negotiated the treaty included Prime Minister [[Ito Hirobumi|Itô Hirobumi]] and Foreign Minister [[Mutsu Munemitsu]] of Japan, and [[Qing Empire|Chinese]] ambassador [[Li Hongzhang]].
In the treaty, China renounced any claims to suzerainty in [[Joseon|Korea]] (i.e. claims of Korea being a [[tribute|tributary]], or otherwise subordinate to or specially linked with China), and formally recognized Korea as an independent state. The [[Qing Empire|Qing Court]] also ceded [[Taiwan]] and the [[Pescadores Islands]] (C: ''Penghu'') to Japan, granted Japan [[most-favored-nation status]], and officially opened an additional seven Chinese trade ports to Japanese trade, as well as agreeing to pay considerable monetary reparations, in British pounds sterling.<ref>[[Peter Duus]], "Economic Dimensions of Meiji Imperialism," in Peattie and Myers (eds.), 134.</ref> The indemnity paid by the Chinese was equivalent to roughly 364,510,000 [[yen]], roughly one-third of Japan's total GNP at the time, and far more than making up for the cost of the war to the Japanese government, expenses totalling around 200,476,000 yen.<ref>Duus, 143.</ref>
In the treaty, China renounced any claims to suzerainty in [[Joseon|Korea]] (i.e. claims of Korea being a [[tribute|tributary]], or otherwise subordinate to or specially linked with China), and formally recognized Korea as an independent state. The [[Qing Empire|Qing Court]] also ceded [[Taiwan]] and the [[Pescadores Islands]] (C: ''Penghu'') to Japan, granted Japan [[most-favored-nation status]], and officially opened an additional seven Chinese trade ports to Japanese trade, as well as agreeing to pay considerable monetary reparations, in British pounds sterling.<ref>[[Peter Duus]], "Economic Dimensions of Meiji Imperialism," in Peattie and Myers (eds.), 134.</ref> The indemnity paid by the Chinese was equivalent to roughly 364,510,000 [[yen]], roughly one-third of Japan's total GNP at the time, and far more than making up for the cost of the war to the Japanese government, expenses totalling around 200,476,000 yen.<ref>Duus, 143.</ref>