Word: likin
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Dates: during 1920-1929
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...Underwood of the American delegation is chairman. The present custom rates of five percent were determined years ago by treaty between China and the various Powers--China is therefore not free to determine for herself her own tariff rates. The situation is complicated by what is known as the likin, a system of interprovincial tariffs. It is all far from being simple, though the desire of the Chinese to secure the right to make their own tariff laws as other nations do, is simple enough and easy to understand. All the nations represented here are agreed that China's revenue...