The Boxer uprising in China (1900) killed quite a number of foreigners and missionaries, which induced the armies of eight Western powers to invade China and they imposed an indemnity of 400 million silver taels. The international silver price around the 1900s was slumping, and these...

A high degree of openness and labour-intensive production are the two main features of Taiwan's manufacturing sector. This study uses the export/sales ratio and the K/L ratio to divide the sector into two groups: (1) the export-oriented and domestic market-oriented industries, and (2) the...