July 6.1895-China and Russia entered into a four per cent loan contract
(Yi Wei leap 14 May), July 6, 1895, China and Russia have entered into a four per cent loan contract. Reference July 1895, China and Russia have entered into a four per cent loan contract. After the Sino-Japanese War, the Qing government foreign borrowing is to pay reparations to Japan, Russia to grab aggression equity opportunity interference also Liao claim the credit, the first football by, due to insufficient financial resources, together with the law credit, it is also known as "Russian Law ocean models. " Contract of 19, Annex 1. Main elements: loan of 400 million francs, 100 million rubles (about silver 100 million two; delivery of an annual interest rate of 4% to 94.125% discount; repayment period of 36 years, Sino-Japanese postwar Qing government first customs revenue guarantee. once the borrower to the powers.
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