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==Aftermath==
 
==Aftermath==
The war was officially ended with the [[Treaty of Shimonoseki]] in May 1895. In the treaty, China renounced any claims to suzerainty in Korea (i.e. claims of Korea being a tributary, or otherwise subordinate to or specially linked with China), and formally recognized Korea as an independent state. The 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>
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The war was officially ended with the [[Treaty of Shimonoseki]] in April 1895. In the treaty, China renounced any claims to suzerainty in Korea (i.e. claims of Korea being a tributary, or otherwise subordinate to or specially linked with China), and formally recognized Korea as an independent state. The 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>
    
Having obtained most-favored-nation status meant, to a considerable degree if not completely, treaty equality with the Western powers, and the successful resolution of the [[Meiji government|Meiji government's]] long-time aims of renegotiation of the [[unequal treaties]]. The terms of the treaty also allowed Japan to begin building factories in China's [[treaty ports]], protected by [[extraterritoriality]].<ref>Marius Jansen, ''China in the Tokugawa World'', Harvard University Press (1992), 110.</ref>
 
Having obtained most-favored-nation status meant, to a considerable degree if not completely, treaty equality with the Western powers, and the successful resolution of the [[Meiji government|Meiji government's]] long-time aims of renegotiation of the [[unequal treaties]]. The terms of the treaty also allowed Japan to begin building factories in China's [[treaty ports]], protected by [[extraterritoriality]].<ref>Marius Jansen, ''China in the Tokugawa World'', Harvard University Press (1992), 110.</ref>
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