It was signed on August 29, 1842 onboard the British warship HMS Cornwallis in Nanjing. It is the first of the Unequal Treaties signed by China with a foreign power.
Under the treaty, China agree to cede Hong Kong Island to the British Empire, and open the following treaty ports of China for foreign trade:
The treaty also ensured the legalization of the opium trade with China, which was profitable for the British and which many historians believe to have been devastating to the Chinese.
treatyports The Asian ports, especially Chinese and Japanese, that were opened to foreign trade and habitation as a result of a series of UNEQUAL TREATIES in the 19th century.
A bad treaty returns; the case of the law of the sea treaty.
Treaties as contracts: textualism, contract theory, and the interpretation of treaties.
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