A. The main purpose of John Hay's statement regarding the U.S. policy toward China in 1899 was to establish the Open Door Policy, which advocated for fair and equal access to trade and commercial opportunities in China for all foreign nations. This policy aimed to prevent any single nation from monopolizing trade in China by creating exclusive spheres of influence, thereby ensuring that the U.S. could participate in China's economic opportunities alongside other powers.
B. Having equal access to trading with China was important for the U.S. for several reasons.
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Economic Opportunities: Access to China's vast market would provide American businesses and industries with new customers and opportunities for profit, essential for economic growth.
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Competition: If the U.S. did not secure equal trading rights, it risked being sidelined by other powers who might monopolize trade, harming its economic interests and global competitive position.
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Influence in Asia: Establishing a presence in China's markets would enhance the U.S.'s influence and power in Asia, a region that was becoming increasingly important geopolitically.
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Balance of Power: By promoting a policy that ensured equal access, the U.S. sought to foster a balance of power in China, countering European colonial ambitions and preventing potential conflicts over resources and trade.
Overall, the U.S. recognized that its economic and strategic interests were best served by advocating for the Open Door Policy.