Cixi7 September 1900
China is fined war reparations of 450,000,000 taels of fine silver (1 tael = 1.2 troy ounces) for the loss that it caused
China · Warfare / Boxer Rebellion. Chronological records rendered directly from the World History Database.
China is fined war reparations of 450,000,000 taels of fine silver (1 tael = 1.2 troy ounces) for the loss that it caused
China paid 668,661,220 taels of silver from 1901 to 1939, equivalent in 2010 to ~US$61 billion on a purchasing power parity basis.
The Boxer Protocol of 7 September 1901 ended the uprising and provided for severe punishments, including an indemnity of 67 million pounds (450 million taels of silver), more than the Governments annual tax revenue.
The protocol orders the execution of 10 high-ranking officials linked to the outbreak and other officials who were found guilty for the slaughter of Westerners in China.
The reparation would be paid within 39 years, and would be 982,238,150 taels with interests (4 percent per year) included.
The Boxer Protocol of 7 September 1901 provided for the execution of Government officials who had supported the Boxers, provisions for foreign troops to be stationed in Beijing, and 450 million taels of silver—more than the Government's annual tax revenue—to be paid as indemnity over the course of the next thirty-nine years to the eight nations involved
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.